1986 (10) TMI 6 - HC - Income Tax

Summary

The High Court of Madras dismissed the petition by the Revenue regarding the entitlement of income exemption under sections 10(22) and 10(22A) of the Income Tax Act, 1961. The court cited a previous decision and held that no referable question of law arose from the Tribunal's order. The petition was dismissed with costs of Counsel's fee Rs. 250.