COMMISSIONER OF INCOME TAX Vs. D.P. KANODIA

JUDGEMENT

(1.) Heard Sri R.K. Upadhyaya, learned counsel for the Revenue and Sri R.S. Agarwal, learned counsel appearing for the assessee. This reference has been made by the Income-tax Appellate Tribunal, Allahabad, under section 256 of the Income-tax Act, 1961, referring the following question for consideration of this court:

(2.) For noticing the facts, it shall suffice to refer to paragraphs 3 to 7 of the statement of facts which are as under:

(3.) The Commissioner of Income-tax (Appeals) dismissed the appeal against which the assessee appealed to the Tribunal. The Tribunal vide its order dated March 15, 1983, allowed the appeals of the assessee. The question, as noted above, was referred in view of the facts of the case.