COMMISSIONER OF INCOME TAX Vs. P. GLASS WORKS

JUDGEMENT

(1.) THIS is a reference at the instance of the Income -tax Department (the Department) under section of the Income -tax Act, 1961 (the Act) for the assessment year 1985 -86. The Income -tax Appellate Tribunal (the Tribunal) has referred the following two questions:

(2.) THE assessee was a registered firm carrying on a business of manufacturing and sale of glass wares. It filed return for the assessment year 1985 -86 and claimed: Deduction of sales tax collected in the month of March 1985 but deposited in the month of April 1985; Depreciation on the cost of the generator.

(3.) THE assessee also claimed some other benefits with which we are not concerned in this reference.