COMMNR. OF INCOME TAX, JALANDHAR vs M/S. PUNJAB BONE MILLS. — C.A. No. 4580 - 4583/1998

Case Summary Outcome: The Supreme Court dismissed the Commissioner of Income Tax's four civil appeals against Punjab Bone Mills with costs. The Court upheld the High Court's judgment, finding the first question was properly answered. On the second question regarding cash incentives for exports, the Court noted that relevant material had not been placed before the Tribunal, making it impossible to uphold the Revenue's contention. This case analysis is maintained by casestatus.in based on publicly available court records.