1991 (3) TMI 69

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Y C. J.-Under section 256(2) of the Income-tax Act, 1961, the Tribunal has stated the following two questions : "(1) Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in holding that the extra amount of Rs. 2,07,943 realised as enhanced price as a result of the High Court's decision had not accrued in the year and did not form part of the income of the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....So far as question No. 2 is concerned, it is equally covered by another decision of this court in CIT v. H. R. Sugar Factory P. Ltd. [1991] 187 ITR 363, and is answered against the assessee. We may briefly state the facts relevant to question No. 2. The assessee is a private limited company engaged in manufacture of sugar. During the accounting year relevant to the assessment year 1972-73, the ass....