Dhirajlal Girdharilal vs C.I.T. Bombay on 25 October, 1954
After considering the judgments in Dhirajlal Girdharilal vs. Commissioner of
Income-tax, Bombay (supra), which is the basis of the judgment cited by the
Appellant in Ascu Arch Timber Protection Ltd. vs. Commissioner of Central Excise,
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KPP -88- Company Appeal (L) No. 28 of 2012
Calcutta (supra) and State of Orissa & Ors. vs. Bidyabhushan Mohapatra (supra),
in paragraph 15, the Hon'ble Supreme Court held thus: