COMMISSIONER OF INCOME TAX Vs. SOORAJMULL NAGARMULL

JUDGEMENT

(1.) THE Tribunal has referred two questions of law to this Court under S. 256(1) of the IT Act, 1961 ('the Act')

(2.) THE assessment year involved in this case is the asst. yr. 1975-76, for which the relevant period of account is the year 2031 R.N.

(3.) ON question No. 2 the finding of the Tribunal is as follows.