1997 (11) TMI 58 - HC - Income Tax

Summary

The High Court of Madras considered three questions of law in a case related to income tax reassessment. The court ruled in favor of the assessee on the issues of extra shift allowance and development rebate. The court cited relevant precedents in its judgment. The first question regarding the jurisdiction of the Income-tax Officer was not answered as the other two questions were resolved in favor of the assessee.