SARASWATHI OIL TRADERS Vs. COMMISSIONER OF INCOME TAX HUBLI
LAWS(SC)-2002-1-48
SUPREME COURT OF INDIA (FROM: KARNATAKA)
Decided on January 29,2002

SARASWATHI OIL TRADERS Appellant
VERSUS
COMMISSIONER OF INCOME TAX,HUBLI Respondents

JUDGEMENT

- (1.)Leave granted.
(2.)The order under challenge was passed by a Division Bench of the High Court of Karnataka on an application by the Revenue under Section 256(2) of the Income-tax Act.
(3.)The Revenue sought to refer to the High Court the following question :
"Whether on facts and in circumstances of the case the ITAT is right in law in deleting the additions made on account of bogus purchases of Ground-nut cakes as well as additions made on account of unaccounted income of sale of groundnut oil for the assessment years 1990-91 and 1991-92."



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