COMMISSIONER OF INCOME TAX Vs. ARUN DUA

JUDGEMENT

(1.) The Tribunal has referred the following questions of law under Section 25G(2) of the Income-tax Act, 1961 ("the Act"), to this court :

(2.) The assessment year involved in this reference is the assessment year 1967-68 for which the corresponding accounting period is the financial year ending on March 31, 1967.

(3.) The assessee was the managing director of the American Refrigeration Co. Ltd. and was entitled to get salary, commission and other benefits from the company under an agreement entered into by and between the assessee and the company.