1990 (4) TMI 33 - HC - Wealth-tax

Summary

The High Court dismissed the Revenue's application for calling a statement of the case from the Income-tax Appellate Tribunal, Indore, regarding the assessment of a private trust's net wealth for the assessment year 1982-83. The court held that no referable question of law arose, and the Tribunal rightly rejected the application for reference, as there was no stay on the court's decision. The application was dismissed as without merit.