COMMISSIONER OF INCOME TAX Vs. ABRESSIVE INDIA

JUDGEMENT

(1.) THE Tribunal, Jaipur by order dt. 12th June, 1998, has referred following question under s. 256(1) of the IT Act, 1961 for opinion of this Court :

(2.) IT is not in dispute that first question has been answered by the decision of this Court in CIT vs. Surendra Textiles (2002) 172 CTR (Raj) 555 : (2002) 258 ITR 387 (Raj). The second question has been answered by the decision of this Court in CIT vs. Agarwal Transformers (P) Ltd. (2002) 174 CTR (Raj) 103 : (2002) 258 ITR 251 (Raj).