1996 (5) TMI 63 - HC - Income Tax

Summary

The High Court of Punjab and Haryana dismissed the Revenue's petitions under section 256(2) of the Income-tax Act, 1961. The case involved expenses claimed by the assessee under "Commission account" and "Specimen account" without supporting evidence. The Income-tax Appellate Tribunal found the claimed expenses to be reasonable, and no question of law was found to arise. The petitions were dismissed.