LAWS(RAJ)-1985-7-69

COMMISSIONER OF INCOME TAX Vs. GYAN PRAKASH GUPTA

Decided On July 26, 1985
COMMISSIONER OF INCOME-TAX Appellant
V/S
GYAN PRAKASH GUPTA Respondents

JUDGEMENT

(1.) AT the instance of the Commissioner of Income-tax, Jodhpur, the following question has been referred by the Income-tax Appellate Tribunal, Jaipur Bench, Jaipur ("the Tribunal" herein), for the opinion of this court :

(2.) THIS question is said to arise out of the order of the Tribunal dated May 31, 1978, passed in I.T.A. No. 1277(JP)/1977-78, in respect of the assessment years 1965-66 and 1967-68.

(3.) NOW, we may notice the relevant provisions of the Act.