1994 (4) TMI 395

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.... JUDGMENT Sujata V. Manohar, CJ. This reference under s. 256(1) of the IT Act, 1961 which is before us raises questions both at the instance of the assessee as well as at the instance of the Revenue : At the instance of the Revenue: "1. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that, for the purpose of computing the ....

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....ibunal was justified in not admitting the additional grounds of appeal raised before it in connection with the computation of capital employed for the purpose of deduction under s. 80J of the Act ?" 2. The questions have been numbered by us consecutively for the sake of convenience. 2.1 In view of the decision of the Supreme Court in the case of Lohia Machines Ltd. vs. Union of India (1985) ....