DIWAN SINGH HUF Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) The Tribunal, Allahabad has referred the following questions of law under Section 256(2) of the IT Act, 1961 (hereinafter referred to as "the Act") for opinion to this Court :

(2.) Whether the Tribunal was legally correct in holding that legal plea with regard to the question of ones which was not before the authorities below could not have been raised for the first time before it and the addition of Rs. 16,100 was liable to be confirmed ?

(3.) Whether there was any material before the Tribunal in upholding the addition of Rs. 16,100 on account of the value of ornaments, in the hands of the assessee-HUF ?