1990 (7) TMI 52 - HC - Income Tax

Summary

The High Court of Allahabad directed the Tribunal to state two questions regarding the Income-tax Act, 1961. The questions relate to the applicability of section 145(2) and maintenance of stock records in the case. Questions 3 to 7 were deemed argumentative. The appeal was allowed in part, and the Tribunal was instructed to refer questions 1 and 2. [Case: 1990 (7) TMI 52 - ALLAHABAD High Court]