Meaning of “Is” 12/06/2015 by Prashant Thakur in Meaning of tax terms Case Name : CIT Vs. Indian Oil Corpn.Ltd. Citation :[2012] 25 TAXMANN.COM 284/210 TAXMAN 466/254 CTR 113 (BOM.) Court : Bombay High Court Section : 234A Meaning : The word ‘is’ section 234d has a past signification. 409