TEXTILE AGENTS Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) BY this application, the assessee is asking this court to refer the following seven questions under Section 256(2) of the Income-tax Act, 1961 :

(2.) WE are not satisfied that any question ought to be referred. So far as the first question is concerned the order of the Tribunal shows that the books of account maintained by the petitioner were rejected. In such a case, in fact, Sub-section (2) of Section 145, would apply. The mere fact that the authorities referred to the proviso to Section 145(1) does not give rise to a referable question of law. Questions Nos. 2 to 5 relate to the reasoning of the Appellate Tribunal and pertain to the realm of facts.

(3.) FOR the reasons given above, the application is rejected. No costs.