COMMISSIONER OF INCOME TAX Vs. MOHTA CONSTRUCTIONS COMPANY

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Jaipur Bench, Jaipur, for the assessment years 1985-86 and 1986-87, in the case of the assessee, has referred the following question of law for the opinion of this court :

(2.) THE same view has also been taken in Lord Krishna Bank Ltd. v. ITO [1989] 176 ITR 508 (Ker).