1994 (1) TMI 10 - HC - Wealth-tax

Summary

The High Court of Gauhati allowed the applications filed by the assessee under section 27(3) of the Wealth-tax Act, directing the Tribunal to refer the question of law to the court for its opinion. The Tribunal had initially refused to refer the question, citing a previous court decision, but the High Court found that the current case involved different circumstances and warranted a reference.