LAWS(ORI)-1992-7-7

COMMISSIONER OF INCOME TAX Vs. BAZAZ M P

Decided On July 03, 1992
COMMISSIONER OF INCOME-TAX Appellant
V/S
M.P. BAZAZ Respondents

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Cuttack Bench (in short, the "Tribunal"), has stated a case and referred the following question for the opinion of this court under Section 256(1) of the Income-tax Act, 1961 (in short, "the Act").

(2.) FROM the statement of case drawn up by the Tribunal, we find the fact situation to be as follows :