COMMISSIONER OF WEALTH TAX Vs. RAM MOHAN RAWAT

JUDGEMENT

(1.) THIS is an application under S. 27(3) of the WT Act by the CWT for a direction to the Tribunal to state the case and refer certain question of law said to arise out of the Tribunal's order to this Court for its decision. The relevant assessment year is 1976-77.

(2.) THE questions relate to the applicability of r. 2B(2) of the WT Rules ; and exemption claimed by the assessee under S. 5(1) (xxxii) of the WT Act. The Tribunal has declined to refer for both these questions under S. 27(1) of the Act. Hence, this application under S. 27(3) of the Act.

(3.) CONSEQUENTLY , this application is allowed and the Tribunal is directed under S. 27(3) of the Act to state the case and to refer to this Court for its decision the following questions of law, namely :