LAWS(KAR)-1984-12-35

C KRISHNALAL JAIN Vs. COMMISSIONER OF INCOME TAX

Decided On December 18, 1984
C. KRISHNALAL JAIN Appellant
V/S
COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THE Tribunal has referred the following questions of law under section 256(1) of the Income-tax Act, 1961 :

(2.) THE brief facts of the case are as follows :

(3.) IT is now in dispute that the assessee was engaged in smuggling activities and was dealing in smuggled gold.