Raymond Woollen Mills Limited v. Income Tax Officer, Centre Circle .
WEBDec 17, 1997 · The challenge in this case is to the reopening of the assessment of Raymond Woollen Mills Ltd. We have been shown the recorded reasons for reopening under Section 147A (sic Section 147). The case of the Revenue was that the assessee was charging to its profit and loss account, fiscal duties paid during the year as well as .