COMMISSIONER OF INCOME TAX Vs. HIND LAMPS LIMITED

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal has referred the following question under Section 19 of the Super Profits Tax Act, 1963, read with Section 256(1) of the Income-tax Act, 1961:

(2.) THE assessee is a limited company. It was assessed under the Super Profits Tax Act, 1963, for the assessment year 1963-64 of which the relevant account year ended on December 31, 1962.

(3.) IN the assessment proceeding under the Act, the assessee claimed the inclusion of the following four items in the computation of its capital: <FRM>JUDGEMENT_487_ITR90_1973Html1.htm</FRM>