1994 (1) TMI 9 - HC - Income Tax

Summary

The High Court directed the Tribunal to refer three questions of law to the court regarding the interpretation of section 115J of the Income-tax Act, 1961. The Tribunal rejected the reference application for questions 4 and 5 as they involved vires and discrimination issues and did not raise pure questions of law. The application was partly allowed, and no costs were awarded.