2002 (7) TMI 4

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..... "the Act"), as it stood before the amendment of 1999, the applicant-Department seeks direction to the Income-tax Appellate Tribunal to refer the question, as stated in paragraph 8 of the application for answer by this court. From the averments made in the application, it appears that a licence under the M. P. Excise Act, was granted in an individual name. However, the licensee constituted a regis .....

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..... e applicant, that the order of this court is the subject matter before the Supreme Court. He also cited a Supreme Court decision in Bihari Lai Jaiswal v. CIT [1996] 217 ITR 746. Having heard learned counsel for the parties and considered the decision in Bihari Lai's case [1996] 217 ITR 746 (SC), we deem it proper to call for a reference from the Tribunal for resolution of the said question. Accor .....

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