1988 (4) TMI 14 - HC - Income Tax

Summary

The High Court of Patna addressed four references related to assessment years 1970-71 to 1973-74. The court ruled against the assessee in all questions referred, citing previous decisions. The judgment was in favor of the Revenue, and no costs were awarded. The judgment will be sent to the Assistant Registrar, Income-tax Appellate Tribunal, Patna.