COMMISSIONER OF INCOME TAX Vs. NATIONAL BORING CO

JUDGEMENT

(1.) IN spite of service, respondent-assessee has chosen not to appear.

(2.) HEARD Mr. Bhandawat, learned counsel for the Revenue.

(3.) THE said question has been answered by the judgment of this Court in CIT vs. Bhola Ram (D.B. IT Ref. No. 118/1995) decided on 11th May, 2002 [reported at (2002) 177 CTR (Raj) 82-Ed.]. Since the question has been answered by this Court, it is not necessary to undergo the formality of calling the reference from the Tribunal.