Somaiya Orgeno Chemicals Ltd. Vs. CIT (1995) 216 ITR 291

Bombay High Court Somaiya Orgeno-Chemicals Ltd. vs Commissioner Of Income-Tax Date- 3 December, 1993 Equivalent citations: 1995 216 ITR 291 Bom Author: S S Manohar Bench: D Dhanuka, S V Manohar JUDGMENT Smt. Sujata Manohar, J. 1. This income-tax reference under section 256(1) of the Income-tax Act, 1961, arises from two reference applications one at the instance of the assessee and one at the instance of the Revenue, which have been consolidated for the sake of convenience and in respect of which a common statement of the case has been filed. The relevant assessment year is 19...