COMMISSIONER OF INCOME TAX Vs. GRINDLAYS BANK LTD

JUDGEMENT

(1.) The following question of law has been referred by the Tribunal to this court under Section 256(1) of the Income-tax Act, 1961 :

(2.) The short question is whether the Tribunal was right in declining to condone the delay in preferring the appeal against the order passed by the Commissioner of Income-tax (Appeals)-II, Calcutta, on January 28, 1982.

(3.) The order of assessment was passed by the Income-tax Officer, 'A' Ward, in respect of the assessment year 1978-79 on September 25, 1981.