Law laid down by jurisdictional HC binding on assessee under jurisdiction: SC

1. The present appeal arises out of the judgement and order dated 14.06.2005 passed by the High Court of Gujarat at Ahmedabad in Tax Appeal No.333/2004.

2. The respondent-assessee is a public limited company and for the assessment year 1994-95, it had filed its return wherein it had claimed revenue expenditure of Rs.65,47,448/- on advertisement and public issue. However,

Please become a Premium member. If you are already a Premium member, login here to access the full content.