1986 (7) TMI 63 - HC - Wealth-tax

Summary

The High Court of Madhya Pradesh directed the Tribunal to refer three questions of law to the court regarding a Wealth-tax Act case involving a Hindu undivided family. The Tribunal's decision on the validity of the Department's appeal and the liability of the assessee for penalty were challenged. The court ordered the Tribunal to state the case and bear their own costs.