1988 (3) TMI 24 - HC - Income Tax

Summary

The High Court of Calcutta rejected the application by the Commissioner of Income-tax for a certificate to appeal to the Supreme Court. The court found that no substantial question of law of public importance arose from the judgment dated February 20, 1985, which determined that the control and management of the company in liquidation was vested in the High Court through the liquidator. The official liquidator was granted permission to retain the costs of the application from the funds in his possession.