COMMISSIONER OF INCOME TAX Vs. BIRDHI CHAND

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Jaipur Bench, Jaipur ("the Tribunal" herein) has referred the following question for the opinion of this court arising out of its order dated December 1, 1976 :

(2.) THIS question was referred in pursuance of the order dated January 9, 1980, passed in D. B. Income-tax Case No. 25/78 (Addl. CIT v. Birdhichand Pannalal [ 1987] 163 ITR 576 (Raj)) by this court.

(3.) IN the circumstances of the case, the parties are left to bear their own costs of this reference. Let the Tribunal be informed of this order in accordance with Section 260(1) of the INcome-tax Act, 1961.