1995 (3) TMI 67 - HC - Income Tax

Summary

The High Court directed the Income-tax Appellate Tribunal to refer a question of law regarding the deletion of an unexplained amount of Rs. 7 lakhs from the assessable income for the assessment year 1984-85. The Tribunal had initially rejected the reference application, but the High Court found that a legal question did arise in the case. The Court reframed the question and allowed the application, directing the Tribunal to refer the reframed question to the Court for its opinion.