ORDER : 1. Leave granted. 2. No one appears on behalf of the respondent in spite of the notice. 3. The point in dispute has now been concluded by a decision of this Court in Tuticorin Alkali Chemicals & Fertilizers Ltd. v. Commissioner Income Tax, (1997) 6 SCC 117 . In view of that, the appeal is allowed. The judgment under appeal is set aside. There will be no order as to costs. Appeal allowed.