1989 (7) TMI 37 - HC - Wealth-tax

Summary

The High Court of Rajasthan allowed the application under section 27(3) of the Wealth-tax Act by the Commissioner of Wealth-tax to refer questions of law arising from the Tribunal's order to the court for decision. The questions relate to the applicability of rule 2B(2) of the Wealth-tax Rules and the classification of a firm as an industrial undertaking for exemption under the Wealth-tax Act. The Tribunal is directed to refer these questions to the court for decision.