M/S Kapurthala Northern India Tanneries Ltd v. The Commissioner Of Income Tax, Jalandhar

ITR No. 25 of 1996 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ITR No. 25 of 1996 Date of Decision: 2.7.2010 M/s Kapurthala Northern India Tanneries Ltd. ....Petitioner. Versus The Commissioner of Income Tax, Jalandhar ...Respondent. CORAM:-HON'BLE MR. JUSTICE ADARSH KUMAR GOEL.HON'BLE MR. JUSTICE AJAY KUMAR MITTAL. PRESENT: None. ADARSH KUMAR GOEL, J. 1.In this reference, the Income Tax Appellate Tribunal,Amritsar Bench, Amritsar (for short “the Tribunal”) has referred thefollowing questions of law under Section 256 (1) of the Income Tax Act,1961 (hereinafter referred to as “the Act”) arising out of ITA Nos.370/88, 704/88 and 676/89 for the assessment years 1982-83, 1983-84and 1984-85:- “Whether on the facts and in the circumstances ofthe case, the Tribunal is correct in law in sustainingthe additions of Rs.25,408/- & Rs.44,248/- for theassessment year 1982-83, Rs.62,519/- & Rs.41,000/-for the assessment year 1983-84 and the addition ofRs.4,28,915/- for the assessment year 1984-85 -2- respectively by holding that section 41 (1) of theIncome-tax Act is attracted?” 2.None appears on behalf of the assessee to pursue thereference. Accordingly, the reference is returned unanswered. (ADARSH KUMAR GOEL) JUDGE July 2, 2010gbs (AJAY KUMAR MITTAL)JUDGE