IDEAL TRADING CO Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) AT the instance of the assessee, following question of law has been referred for opinion of this Court by the Income Tax Appellate Tribunal, Amritsar Bench, Amritsar arising out of its order dated 26.09.1990 in I.T.A. No.631(ASR)/ 1987 in respect of assessment year 1985-86:-

(2.) WHEN the reference was called out for hearing, none appeared for the assessee. In view of above, we do not consider it appropriate to take a decision on merits. The reference is returned unanswered. ( ADARSH KUMAR GOEL ) JUDGE November 16, 2006 ( RAJESH BINDAL ) ashwani JUDGE