1990 (11) TMI 49 - HC - Wealth-tax

Summary

The High Court of Allahabad was asked to consider three questions of law under section 27(3) of the Wealth-tax Act, 1957. After hearing the parties, the court decided to refer questions 1 and 3 for opinion, as question 2 was implicit in these two. The Tribunal was directed to state these questions under section 27(3) of the Wealth-tax Act.