1997 (8) TMI 26

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....RAWAL J.---The following question of law has been referred by the Income-tax Appellate Tribunal, Amritsar (for short, "the Tribunal"), at the instance of the Commissioner of Income-tax under section 256(1) of the Income-tax Act, 1961 (for short, "the Act") : "Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that the assessee is entitled to the ....