Supreme Court Of India
Bison Field A Estate vs. Inspecting Assistant Commissioner & Ors.
Section Kerela Agrl. IT 3
Asst. years 1978-79, 1979-80
S.P. Bharucha & D.P. Mohapatra, JJ.
Civil Appeal Nos. 1678 & 1679 of 1998
14th November, 2000
T.L.V. Iyer with Rajiv Garg, Mrs. Manish Gupta & N.D. Garg, for the Appellant: G. Prakash, for the Respondents.
BY THE COURT :
We find no merit in the arguments on behalf of the assessee. The matter is squarely covered by the decision that was followed by the High Court in the order under appeal, namely, the decision in Commr. of Agrl. IT vs. Raja Rajeswari Narikelly Estate (1992) 103 CTR (Ker) 195. We agree with the decision and dismiss these appeals with costs.
[Citation : 248 ITR 341]