RAM BHAWAN DHARAMSHALA Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) ON an application filed under S. 256(1) of the IT Act, 1961, the Tribunal has referred the following question for the opinion of this Court :

(2.) NONE appeared for the assessee. Heard learned counsel for the Revenue Mr. Singhi.

(3.) FOLLOWING the view taken by us, we find no infirmity in the order of the Tribunal. In the result, we answer the question referred in affirmative i.e., in favour of the Revenue and against the assessee. The reference so made stands disposed of accordingly.