1985 (12) TMI 9

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.... J.-By this reference under section 256(1) of the Income-tax Act, 1961 (hereinafter referred to as " the Act "), the Income-tax Appellate Tribunal, Indore Bench, has referred the following question to this court for its opinion : "Whether on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that two assessments should be made for two separate periods ?....

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.... the Tribunal. The Tribunal upheld the view taken by the Appellate Assistant Commissioner and dismissed the appeal. Hence, at the instance of the Department, the Tribunal has referred the aforesaid question of law to this court for its opinion. Shri Mukati, learned counsel for the Department, was heard. None appeared on behalf of the assessee. Having heard learned counsel for the Department, we....