TMI Blog1985 (9) TMI 36X X X X Extracts X X X X X X X X Extracts X X X X ..... x Act, 1961 (for short, " the Act ") for a direction to the Tribunal to refer the following questions formulated in the petition for the opinion of this court : " (i) Whether, on the facts and in the circumstances of the case, the Tribunal's finding that the payments amounting to Rs. 2,12,109 could not be made by bank drafts is sustainable on the basis of the material placed on record ? (ii) W ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ught to sustain his contention from the decision of this court CIT v. Avtar Singh Sons [1981] 129 ITR 671. In our opinion, the ratio of this case is not attracted to the facts and circumstances as found by the Tribunal in the present case. That was a case in which the Appellate Assistant Commissioner, while deciding the applicability of rule 6DD(j) of the Rules, had taken into consideration the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cash payments were made as a large number of cheques issued by the assessee were being dishonoured by the bank and that the sellers insisted upon cash payment. In the certificates that had been filed by the assessee from the sellers, it had been admitted by the sellers that they had insisted upon cash payment. This evidence and the explanation offered by the assessee has been accepted by the Appel ..... X X X X Extracts X X X X X X X X Extracts X X X X
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