Jonas Woodhead & Sons (India) Ltd. Madras Vs. The Commissioner of Income-Tax,
Tamil Nadu Iii, Madras  INSC 155 (11 February 1997)
AGRAWAL, G.B. PATTANAIK G.B.
question referred to the High Court by the Income- tax Tribunal under Section
256(1) of the Income Tax Act and answered by the High Court in favour of the
revenue and against the assessee relates to the assessment years 1969- 70,
1970-71 and 1970-71 and 1971-72 and the identical matter was the subject matter
of Civil Appeal Nos. 1575-76 of 1980 in relation to two earlier assessment
years 1968-69 and 1969-70. In view of our decision in Civil Appeal Nos. 1575-
76 of 1980 these appeals are dismissed but in the circumstances without any
order as to costs.