(1.) THIS is a reference application under Section 256(1) of the Income-tax Act, 1961, seeking the opinion of this court on the following questions :
(2.) WHETHER there is any material to hold that higher commission paid on bulk sales amounts to diversion of profit ?"
ABOUT US "REGENT COMPUTRONICS PVT. LTD." is a Company incorporated in 1991 under the provisions of the Companies Act, 1956. Since its inception to 1995, the Company was busy in carrying out the activities related to various Banks' Job Work..
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