Supreme Court Allows Appeal in Income Tax Rectification Case — Tribunal Directed to Refer Questions to High Court. The Supreme Court found that the questions regarding the applicability of Section 68 and the deletion of additions made by the Assessing Officer were questions of law that should have been referred to the High Court for consideration....
The case involved an appeal by the Commissioner of Income Tax against a decision of the Income Tax Appellate Tribunal concerning the assessment years 1987-88 and 1988-89. The Income Tax Officer had ma...
