LAWS(ALL)-1991-1-117

COMMISSIONER OF INCOME-TAX Vs. PANCHAITI AKHARA NIRMAL

Decided On January 31, 1991
COMMISSIONER OF INCOME-TAX Appellant
V/S
PANCHAITI AKHARA NIRMAL Respondents

JUDGEMENT

(1.) UNDER Section 256(1) of the Income-tax Act, 1961, the Tribunal has referred the following question to this court:

(2.) FOLLOWING the said judgment, the question referred is answered in the negative, i.e., in favour of the Revenue and against the assessee. No costs.