COMMISSIONER OF INCOME TAX Vs. PIONEER MINERALS

JUDGEMENT

(1.) THE Tribunal, Jaipur, vide order dt. 2nd Sept., 1988 rejected the application moved by the assessee under S. 256 (1) of the IT Act, the asessee prayed that the following questions may be framed and the matter may be referred to the High Court for determination on the points of law :

(2.) THE petitioner has moved this application now under S. 256 (2) of the IT Act and prayed therein that the Tribunal may by directed to draw the statement of the case and refer the questions of law as referred to in the application.

(3.) THE main contention of the assessee is that the Tribunal has held that in applying the provisions of S. 35E of the IT Act, according to the petitioner, S. 37 of the Act applies.