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Punjab-Haryana High Court

Commissioner Of Income-Tax vs Surinder Sugar Store on 24 August, 1988

Equivalent citations: [1989]177ITR511(P&H)

Author: V. Ramaswami

Bench: V. Ramaswami

JUDGMENT

 

V. Ramaswami, C.J.
 

1. We are satisfied that the following question of law does arise out of the order of the Tribunal :

"1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in deleting the addition of Rs. 1,04,774 made by the Income-tax Officer under Section 40A(3) of the Income tax Act, 1961, and sustained by the Commissioner of Income-tax (Appeals) ?"

2. Accordingly, we direct the Tribunal to draw up a statement of the case and refer the aforesaid question of law to this court for its opinion.