LAWS(PAT)-2020-11-31

ALOK GOENKA Vs. COMMISSIONER OF INCOME TAX

Decided On November 06, 2020
Alok Goenka Appellant
V/S
COMMISSIONER OF INCOME TAX Respondents

JUDGEMENT

(1.) The Income Tax Appellate Tribunal, Patna Bench, Patna has made the instant Reference under Section 256 (1) of the Income Tax Act, 1961 on the following substantial question of law:-

(2.) The nature and scope of reference made to the High Court under Section 256 of the Income Tax Act, 1961 (Section 66) is now well settled.

(3.) In Keshav Mills Co. Ltd. v. CIT, (1965) 2 SCR 908 (7 Judge bench), the Court held as under: