TMI Blog1990 (1) TMI 54X X X X Extracts X X X X X X X X Extracts X X X X ..... f flats but in whose name there is no registered document can be regarded as an owner for the purposes of section 22 of the Act. The case of the petitioner is that except for the registration of a sale deed, all the other formalities which are required for completing a sale in its favour have been completed. The assessee has paid the full consideration and has obtained possession of the flats an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al's case [1986] 160 ITR 308 (Delhi) reference has been made to four other decisions, viz., Addl. CIT v. U. P. State .Agro Industrial Corporation Ltd. [1981] 127 ITR 97 (All), Kala Rani (Smt.) v. CIT [1981] 130 ITR 321 (P H); CIT v. Steelcrete (P.) Ltd. [1983] 142 ITR 45 (Cal) and Addl. CIT v. Sahay Properties and Investment Co. P. Ltd. [1983] 144 ITR 357 (Pat), in fact, those decisions have not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stion of law does arise. Whether this cage, after the reference has been made, should be heard by a, Division Bench or by a larger Bench will be decided by the Bench hearing the reference. We, accordingly, direct the Tribunal to state the case and refer the following questions of law to this court: 1) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal erred in law i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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