2000 (11) TMI 58

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..... , the Income-tax Appellate Tribunal, Delhi Bench "B" (for short "the Tribunal"), has referred the following question under section 27(1) of the Wealth-tax Act, 1957 (for short "the Act"), for the opinion of this court : "Whether ether, on the facts and in the circumstances of the case, the assessee is entitled to the exemption under section 5(1)(xxxii) of the Wealth-tax Act, 1957 ?" The assessee .....

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..... vity of printing balance-sheets and making forms for the purpose of preparing balance-sheet would amount to the processing of goods. Similar is the case decided by the Calcutta High Court in Addl. CIT v. A. Mukherjee and Co. (P.) Ltd. [1978] 113 ITR 718. The same principle has been applied in the other two cases relied on by learned counsel for the assessee. The distinction sought to be made by th .....

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