1988 (8) TMI 63 - HC - Income Tax

Summary

The High Court of Madhya Pradesh allowed the applications under section 256(2) of the Income-tax Act, 1961. The Tribunal erred in law in setting aside the findings of the Appellate Assistant Commissioner regarding the assessee's status as a separate entity and the cancellation of registration of the assessee-firm. The Tribunal was directed to refer the questions of law to the court for its opinion.