1995 (3) TMI 54

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Department requested this court to direct the Tribunal to refer the following questions of law, said to arise out of the order of the Tribunal for the opinion of this court, under section 256(2) of the Income-tax Act, 1961 : " (1) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in law and had valid materials to hold, that the assessee h....