1997 (12) TMI 659 - HC - Income Tax

Summary

The applicant sought to refer two questions under Section 256(2) of the Income Tax Act, 1961 to the High Court regarding the deletion of addition under Section 40A(5) and the distinction of a previous decision. The High Court rejected the application, citing previous rejections and lack of valid reasons for a different view. Rule was discharged with no order as to costs.