1988 (12) TMI 14 - HC - Income Tax

Summary

The High Court of Bombay delivered a judgment on two questions referred by the Tribunal regarding income tax assessment. The first question was not answered, and the second question was answered in the negative in favor of the Revenue. The court cited a previous Full Bench judgment in support of its decision. (Case citation: 1988 (12) TMI 14 - BOMBAY High Court)