S.C : In view of the concurrent findings recorded by the Courts

Supreme Court Of India

CIT vs. Monnet Industries Ltd

Section 36(1)(iii)

Asst. Year 1996-97

S. H. Kapadia CJI & Madan B. Lokur, J.

Special Leave to Appeal (Civil) No(s) 21391/2009

29th August, 2012

Counsel appeared:

V. Shekhar, Rupesh Kumar, A. Subhashini, Vishal Saxena, Shaveta Chaudhary, Anil Katiyar, B. V. Balaram Das, Advs. for the Petitioner.: Ajay Vohra, Kavita Jha, Adv. for the Respondent

ORDER

Heard learned counsel on both sides.

Leave granted.

The civil appeal filed by the Department is dismissed. No order as to costs.

ORDER

Heard learned counsel on both sides. Leave granted. In view of the concurrent findings recorded by the Courts below, this civil appeal filed by the Department is dismissed. No order as to costs.

[Citation : 350 ITR 304]