1986 (7) TMI 44 - HC - Income Tax

Summary

The High Court of Madhya Pradesh dismissed an application under section 256(2) of the Income-tax Act, 1961. The court found no question of law arising from the Tribunal's decision, which had ruled in favor of the assessee, stating that the mistake in income disclosure was inadvertent and not a deliberate concealment. The court rejected the Department's application, upholding the Tribunal's decision.