COMMISSIONER OF INCOME TAX Vs. CHANDRA PRAKASH RAIZ

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Allahabad Bench, has referred under section 66(1) of the Income-tax Act the following two questions for its opinion :

(2.) THE material facts, which give rise to the questions and are taken from the statement of the case, are these :

(3.) THE first question must, therefore, be answered in the affirmative.