1988 (5) TMI 8

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....Dated:- 25-5-1988<br>- - -<br>Income Tax<br>Judge(s)&nbsp; : I. S. ISRANI., J. S. VERMA&nbsp; JUDGMENT This reference under section 256(1) of the Income-tax Act, 1961, at the instance of the Rev....

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.... The point for decision is covered by the decisions in Pratap Cotton Trading Co. v. CIT [1987] 167 ITR 36 (Raj) and Mangilal Vijay Kota v. CIT [1987] 167 ITR 37 (Raj). The Tribunal's view being the ....