TaxTMI 
TaxTMI 
1996 (7) TMI 68
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....nce under section 256(1) of the Income-tax Act, 1961, at the instance of the Revenue and the following three questions have been referred by the Tribunal for opinion of this court : " (1) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the various units established by the assessee at Korba, Anpara, Bhilai, Badarpur, Satpura, etc., were ind....
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....ess of manufacturing and supply of plant and equipment in the nature of ash handling and oil distribution system for thermal power plants and steel plants in the country on turnkey basis. It is also engaged in the manufacture, fabrication and erection of steel works for public sector undertakings and Government departments. It is further engaged in the construction of industrial foundations, publi....
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....ppeals), the Department preferred an appeal before the Tribunal and the Tribunal dismissed the appeal of the Department and confirmed the order of the Commissioner of Income-tax (Appeals). Hence, the Department approached the Tribunal to make a reference and, accordingly, the Tribunal has referred the aforesaid three questions for opinion of this court. It would be relevant to mention here that a....