Commissioner of Income-tax v. H. Holck Larsen (Supreme Court)

SUPREME COURT OF INDIA Commissioner of Income-tax versus H. Holck Larsen R.S. PATHAK, SABYASACHI MUKHARJI, JJ. CIVIL APPEAL NOS. 1954-55 (NT) OF 1974 WITH SPECIAL LEAVE PETITION (CIVIL) NOS. 8292-8293 OF 1979 MAY 8, 1986 Judgment Mukharji, J.— These appeals by certificate arise from the judgment and decision of the Bombay High Court, dated 10-8-1971 in IT Reference No. 124 of 1963. 2. The question involved in these appeals is familiar in direct tax laws. The points in controversy are short. But the adjudication is pending for long. 3. The assessment years involved are 1957-...