1990 (7) TMI 55 - HC - Income Tax

Summary

The High Court of Allahabad dismissed the application under section 256(2) of the Income-tax Act, 1961, where the assessee sought reference on various questions regarding treatment of income and allowance of additional evidence. The court held that the appellate authorities were not in error in refusing to allow additional evidence and found against the assessee, even concluding that the assessee had forged accounts. The application was dismissed with no costs.