COMMISSIONER OF WEALTH TAX Vs. M. POSTAL

JUDGEMENT

(1.) The respondent has been served but has not chosen to put in an appearance.

(2.) The High Court, by the order under challenge, declined to call for a reference of the following question :

(3.) A similar question was before this Court in CWT V/s. Kishan Lal Bubna, 1993 204 ITR 600 and the question was answered in favour of the Revenue. Since, however, the assessee does not appear before us, we deem it appropriate to direct the Tribunal to refer to the High Court for its consideration the question set out above with due regard to the aforementioned judgment of this Court.