1990 (1) TMI 30 - HC - Income Tax

Summary

The High Court of Kerala granted leave to the Revenue to appeal to the Supreme Court of India from a judgment regarding the legality of an assessment made by the Income-tax Officer on March 6, 1976. The court found the assessment to be illegal and certified that the case involves a substantial question of law and is of great public importance. The decision was based on a sharp conflict of judicial opinion regarding the interpretation of section 139(1), (2), and (4) of the Income-tax Act. (Case citation: 1990 (1) TMI 30 - KERALA High Court)