1994 (2) TMI 9 - HC - Income Tax

Summary

The High Court of Gauhati heard an application under section 256(2) of the Income-tax Act, 1961 regarding a penalty imposed on the assessee. Questions 3 and 4 were considered as questions of law, and the Tribunal was directed to refer those questions for the court's opinion. The application was disposed of with no order as to costs.