1991 (1) TMI 55

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... P. JEEVAN REDDY., R. A. SHARMA JUDGMENT The judgment of the court was delivered by B. P. JEEVAN REDDY C. J. -Under section 256(1) of the Income-tax Act, 1961, the Tribunal has referred the fol .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nswered an identical question in I. T. R. No. 747 of 1978, disposed of on December 18, 1990 (CIT v. Panchayati Akhara Nirmal [1991] 190 ITR 121 (All)). Following the said judgment, the question refe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X