1995 (3) TMI 16 - HC - Income Tax

Summary

The High Court of Madras remitted the tax case back to the Tribunal for a decision on whether the instrument in question should be considered a hundi or a pronote under section 69D of the Income-tax Act. The Tribunal's failure to make this determination led to the reference being returned unanswered. (Case citation: 1995 (3) TMI 16 - MADRAS High Court)