1983 (7) TMI 8 - HC - Income Tax

Summary

The High Court directed the Income-tax Appellate Tribunal to submit a supplementary statement of the case regarding the exemption of income from commission and subsidies under section 80P(2)(a)(i) of the Income-tax Act, 1961. The Tribunal was instructed to determine the source of the income and provide findings before answering the questions referred. The Tribunal was given four months to submit the supplementary statement.