1990 (9) TMI 3 - SCH - Income Tax

Whether, the preservation by refrigeration in cold storage of potatoes is a process ordinarily employed by a cultivator within the meaning of sections 2(1)(b)(ii) and 2(1)(b)(iii) of the Income-tax Act, 1961 - Tribunal is directed to state a case and refer the above question of law for the opinion of the High Court

Summary

The Supreme Court granted leave and directed the Income-tax Appellate Tribunal, Allahabad, to refer the question of law regarding the preservation of potatoes in cold storage as a process employed by a cultivator under the Income-tax Act, 1961.