COMMISSIONER OF INCOME TAX Vs. DURGA AGENCIES LTD

JUDGEMENT

(1.) By this reference application, the following questions are referred for the opinion of this court :

(2.) Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in cancelling the order of the Commissioner of Income-tax under Section 263 of the Income-tax Act, 1961 ?"

(3.) None appears for the assessee.