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2000 Supreme(SC) 1963
Supreme Court Of India
S.P. BHARUCHA, N. SANTOSH HEGDE AND Y.K. SABHARWAL, JJ
CIT, MADRAS Appellant;
Versus
LUCAS T. V.S. LTD -Respondent.
Civil Appeals Nos. 4789-90 of 1998
Decided on December 5, 2000
Important Points
Subject
Appellate - Tax
Headnote
Persuasive Argument - Revenue - The court upheld the view taken by the Tribunal and the High Court despite persuasive arguments from the Revenue.
Fact of the Case:
The court heard the arguments from the Revenue but upheld the view taken by the Tribunal and the High Court.
Finding of the Court:
The court dismissed the appeals despite the persuasive argument from the Revenue.
Issues: The issue was whether to uphold the view taken by the Tribunal and the High Court despite the persuasive argument from the Revenue.
Ratio Decidendi: The court's decision was based on the facts available and the view taken by the Tribunal and the High Court.
Final Decision: The appeals were dismissed with no order as to costs.
ORDER
1. We have heard learned counsel for the Revenue. Despite his very-persuasive argument, we are, on the facts available to us, unable to take a view other than that taken by the Tribunal and the High Court.
2.The appeals are dismissed.
3.No order as to costs.
