COMMISSIONER OF INCOME TAX Vs. KISHANCHAND

JUDGEMENT

(1.) THE following questions of law have been referred by the Income-tax Appellate Tribunal under Section 256(1) of the I.T. Act, 1961 :

(2.) WHETHER, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that no addition on account of the profit on the sale of the truck could be made to the total income of the assessee Under Section 41(2) of the Income-tax Act, 1961 ?"