Friends,
Recently I have read two judgements, one in case of Jindal Power and other the case of Kwality biscuits rendered by two highcourts. Definitely the one in case of Jindal power is on Sec 115JB while the one in case of Kwality Biscuits is u/s 115J and also old than in case of Jindal power. Both judgements contradict each other. Both are on the same point as depicted in subject of the query. I know that since the case of jindal power is earlier one it may prevail. But is there a judgement of Supreme court on this subject. If yes please tell me.....
CAclubindia
