COMMISSIONER OF WEALTH TAX Vs. PRAKASH CHAND SURANA

JUDGEMENT

(1.) THIS is an application under Section 27(3) of the Wealth-tax Act by the Commissioner of Wealth-tax for directing the Tribunal to refer certain questions of law said to arise out of the Tribunal's order dated March 25, 1988, to this court for its decision.

(2.) SHRI Singhal, learned counsel for the Revenue, submitted that these questions arise in other cases also and this court has passed various orders on reference applications under Section 27(3) of the Wealth-tax Act, directing the Tribunal to refer these questions to this court for its decision. In support of this submission, SHRI Singhal has placed before us copies of orders dated May 24, 1988, in D. B. Wealth-tax Reference No. 19 of 1988 (CWT v. Smt. Jatan Devi) and D. B. Wealth-tax Reference Application No. 86 of 1988, (CWT v. L. K. Kasliwal).