1. R. M. SAHAI, J.--Having heard learned counsel for the assessee and learned standing counsel for Income-tax Department, we are of the opinion that the following questions of law do arise out of the, order passed by the Income-tax Appellate Tribunal, Delhi Bench "B", New Delhi: "(1) Whether, on the facts and circumstances of the case, the Tribunal is right in upholding the order of Commissioner of Income-tax Meerut, under section 263 of the Income-tax Act, 1961?
(2) Whether the Tribunal's finding is vitiated in law in doubting the market value of plant -and machinery without. Any material and ignoring the materials on record?"
2. We, accordingly, direct the Tribunal to draw up a statement of the case and submit the same to this Court.