LAWS(P&H)-1997-1-29

COMMISSIONER OF INCOME TAX Vs. BHAGAT SINGH

Decided On January 01, 1997
COMMISSIONER OF INCOME-TAX Appellant
V/S
BHAGAT SINGH Respondents

JUDGEMENT

(1.) AT the instance of the Commissioner of Income-tax (Central), Ludhiana, the Income-tax Appellate Tribunal, Chandigarh Bench, Chandigarh (hereinafter referred to as "the Tribunal"), has referred the following two questions of law to this court for its opinion :

(2.) THE facts relevant to the questions referred to us are :

(3.) WE have heard counsel for the parties. Question No. 1 :