(1.) AT the instance of the assessee, the Income-tax Appellate Tribunal, Allahabad Bench, Allahabad, has made this reference to this court under Section 256(1) of the Income-tax Act, 1961 (for short "the Act").
(2.) THE brief facts are these :
(3.) IT may be observed that Sub-section (5) of that provision provides that directions issued under Sub-section (4) shall be binding on the Income-tax Officer.