1997 (7) TMI 72

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..... e following question of law to this Court for its opinion, along with the statement of the case: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that mention of specific words 'long-term capital gains' in s. 115E would not necessarily implicate that short-term capital gains have been excluded from the applicability of such provisions?" 2. .....

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..... C. 3. A question of law does arise from the order of the Tribunal. There is no direct judgment either of the Supreme Court of India or of this Court on the point involved in this case. The question of law as claimed by the Revenue is not happily worded. After perusal of the order of the Tribunal, we are of the view that the question of law has to be reframed and, accordingly, we direct the Trib .....

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