The Commissioner Of Income Tax-Iii vs M/S Malwa Cotton Spinning Mills Ltd on 25 July, 2008
The above mentioned questions of law have been considered in
ITA No.340 of 2007 which was filed by the appellant in respect of the
assessment year 1994-1995. The present appeal proposes the same questions
for the assessment year 1997-1998. The Tribunal has decided the same by
following the judgment of this Court in CIT-III, Ludhiana vs M/S Malwa
Cotton Spinning Mills Ltd Ludhiana ( ITA No.94 of 2006 decided on
22.12.2006). In view thereof, the proposed questions of law do not arise.