COMMISSIONER OF INCOME TAX Vs. SHIV NARAIN DEOPURA

JUDGEMENT

(1.) THIS order will dispose of the IT references listed above as the common question of law arises in both of them. For the purpose of the disposal of the references, the facts of the case of DB IT Ref. No. 38 of 1987 CIT vs. Shiv Narain shall be taken into consideration.

(2.) THE Tribunal has referred the following question of law arising out of its order dt. 30th Oct., 1985 under s. 256(1) of the IT Act, 1961 in respect of the asst. yr. 1981-82 :

(3.) IT may be noted that amendment was made by amending Act of 1953 by which sub-s. (2A) was inserted in s. 22 and it was provided that losses claimed in belated return had to be determined and carried forward.