COMMISSIONER OF INCOME TAX Vs. PRAKASH KHANDSARI UDYOG

JUDGEMENT

(1.) HAVING heard, counsel for the applicant, we are of the opinion that the following two questions are questions of law arising out of the appellate order of the Income-tax Appellate Tribunal :

(2.) WE accordingly direct the Income-tax Appellate Tribunal, Delhi Bench, New Delhi, to draw up a statement of the case and refer these two questions to this court for its opinion. Since the assessee has not appeared to oppose this application, there shall be no order as to costs.