2001 (5) TMI 33 - HC - Income Tax

Summary

The High Court of Delhi accepted a prayer under section 256(1) of the Income-tax Act, 1961 regarding interest on a refund amount. The Tribunal's decision was based on previous court rulings, and the matter was ordered to be reheard in line with guidelines from a specific case. The reference was disposed of accordingly. (Case citation: 2001 (5) TMI 33 - DELHI High Court)