BADRI PRASAD Vs. COMMISSIONER OF WEALTH TAX

JUDGEMENT

(1.) IN both these applications under Section 27(3) of the Wealth-tax Act, 1957, a prayer has been made that the INcome-tax Appellate Tribunal may be required to refer to this court the following question for its opinion :

(2.) HAVING heard, counsel for the applicant and standing counsel for the respondent, we are of the opinion that the aforesaid question is a question of law arising out of the appellate order of the Tribunal. We accordingly direct the Income-tax Appellate Tribunal, Allahabad, to draw up a statement of the case and refer the aforesaid question to this court for its opinion. The applicant will be entitled to one set of costs assessed at Rs. 125.