1987 (9) TMI 4 - HC - Income Tax

Summary

The High Court of Madhya Pradesh directed the Tribunal to refer two questions of law to the court regarding the discretionary or mandatory nature of provisions in section 183(b) of the Income-tax Act, 1961, and whether the original assessment order could be rectified under section 154 in a specific case. The court found that these questions needed clarification and ordered the Tribunal to refer them for opinion.