COMMISSIONER OF INCOME TAX Vs. GOGINENI TOBACCO LIMITED

JUDGEMENT

(1.) Special leave granted.

(2.) After hearing counsel for the parties, in our opinion the High Court vas not correct in dismissing the application under Section 256 (2) of the ncome Tax Act. Question of law does arise. We, therefore, allow the appeal and direct the Tribunal to state the case and refer the following question of law to the High Court: