RAJAN INDUSTRIES Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) HAVING heard learned counsel for the parties, we are of the view that question No. 2 as proposed by the assessee, is a question of law and that that does arise from the Tribunal's order dated April 23, 1987. We, therefore, direct the Tribunal to draw up a statement of the case and refer the following question for the opinion of this Court :

(2.) THE application is allowed partly.