1996 (1) TMI 32 - HC - Income Tax

Summary

The High Court of Rajasthan dismissed the Revenue's application under section 256(2) of the Income-tax Act, 1961. The Tribunal refused to refer the case as it was deemed a change of opinion by the successor-officer. The Tribunal's decision was upheld based on the precedent set by the Supreme Court in A. L. A. Firm v. CIT [1991] 189 ITR 285. The application had no merit and was therefore dismissed.