1989 (2) TMI 104 - HC - Income Tax

Summary

The High Court of Allahabad heard an application under section 256(2) of the Income-tax Act, 1961, filed by the Commissioner of Income-tax. The court identified two questions of law related to the treatment of certain sums received by the assessee as income subject to tax. The court directed the Income-tax Appellate Tribunal to draw up a statement of the case for further consideration.