1986 (8) TMI 44 - HC - Income Tax

Summary

The High Court of Allahabad dismissed the assessee's application under section 256(2) of the Income-tax Act, 1961 for the assessment year 1975-76. The court held that questions 1 to 6 were not questions of law as the Tribunal's finding on the credibility of witnesses' statements was based on appraisal of evidence. Questions 7 and 8 were not pursued as relief had been granted by the Tribunal. The application was dismissed with costs of Rs. 125.