COMMISSIONER OF INCOME TAX Vs. MURLI INVESTMENT CO

JUDGEMENT

(1.) THESE cases relate to two different assessment for the years 1972-73 and 1973-74. In view of these circumstances the office is directed to register the above reference cases as D. B. IT Reference Application Nos. 12 and 12A of 1977. As both these cases arise out of one order passed by the Tribunal, Jaipur Bench, Jaipur and identical questions of law arise in relation to both the assessment years, the same are disposed of by one single order.

(2.) THE Tribunal, has referred following questions of law for the opinion of this Court :