LAL CHAND Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

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

(2.) SO far as question No. 1 is concerned, it was not raised in the application under Section 256(1) and moreover it is only a general question. It cannot, therefore, be referred.

(3.) ACCORDINGLY, question No, 4 shall be stated under Section 256(2) of the Act. No costs.