JUDGMENT

N.K. AGRAWAL, J.---This is an application by the Commissioner- of Income-tax, Haryana, Rohtak, filed under section 256(2) of the Income-tax Act, 1961, seeking a direction to the Income-tax Appellate Tribunal, Chandigarh Bench ("the Tribunal"), to refer the following question of law to this Court for its opinion:"Whether, on the facts and in the circumstances of the case, the Commissioner of Income-tax (Appeals)/Income-tax Appellate Tribunal was right in law in deleting the addition of Rs.8,13,090 made by the Assessing Officer on account of under valuation of closing stock by changing the method of valuation by the assessee?"The assessee was an undertaking of the State Government of Harayana and carried on the work of mining and manufacturing of marble and slate stones. The assessee showed a value of the closing stock at Rs.17,59,071.53 in the original return filed for the assessment year 1981-82. The value of the closing stock was, however, reduced to Rs.9,45,973.24 in the revised retu...