1992 (1) TMI 80

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..... of the Income-tax Act, 1961, for a direction that the Tribunal should be asked to frame the following question of law and refer it to us. The question is as follows : "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that raw cotton is not an agricultural primary commodity specified in clause (b)(i) of section 80HHC(2) of the Income-tax Act, 1961, .....

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..... onary to mean: " assemblage of planted growing plants, especially trees, estate on which cotton, tobacco, etc. is cultivated." Raw cotton being a produce of cotton plantation is not covered by clause (b)(i). The Tribunal has not gone into the question whether raw cotton should or should not be considered as an agricultural primary commodity because, even if it is so considered, it would still .....

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