COMMISSIONER OF INCOME TAX Vs. MEERUT GUN HOUSE

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Delhi Bench "B", Delhi, in exercise of the powers under Section 256(1) of the Income-tax Act, 1961, at the instance of the Commissioner of Income-tax has referred the following question for the opinion of this court :

(2.) THE aforesaid question is stated to arise out of the Tribunal's order dated November 15, 1980, passed in ITA No. 4253 (Delhi) of 1979 for the assessment year 1976-77.

(3.) AT the instance of the Commissioner, the aforesaid question has been referred for the opinion of this court.