COMMISSIONER OF INCOME TAX Vs. AGRA CARPET MUSEUM

JUDGEMENT

(1.) AT the instance of the revenue the Tribunal, Allahabad Bench, has referred the following question of law to this court for its opinion : 'Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that two separate assessments should be made in the case of the firm one in respect of income derived by it before re -constitution and the other in respect of income derived by it after reconstitution ?'

(2.) NONE appears for the applicant. We have heard Sri Ashok Kumar, the learned counsel appearing for the department.

(3.) THE reference is, accordingly, answered.