1996 (7) TMI 28 - HC - Income Tax

Summary

The High Court of Andhra Pradesh dismissed an application under section 256(2) of the IT Act, 1961, regarding the tax exemption status of an assessee considered a 'local authority'. The Court held that based on a previous judgment, the Tribunal was correct in its decision, and no question of law arose for referral. (Case Citation: 1996 (7) TMI 28 - Andhra Pradesh High Court)