1992 (12) TMI 27 - HC - Income Tax

Summary

The High Court of Kerala declined to answer a question referred by the Income-tax Appellate Tribunal as the assessee did not take necessary steps for the court to render its opinion. The case involved the assessability of the sum of Rs. 39,368 as income under section 28(iv) of the Income-tax Act, 1961. The assessee was an unregistered firm that was dissolved, and the partners were served with notices but did not remit the printing charges for the papers. The matter was posted for disposal on December 3, 1992.