1981 (6) TMI 2 - HC - Income Tax

Summary

The High Court of Madras dismissed the Department's request to direct the Tribunal to state a case regarding the withdrawal of development rebate by the ITO under sections 155 and 154 of the Income Tax Act, 1961. The Tribunal held that the orders under sections 155 and 154 were invalid as the original order under section 155 was not in accordance with the law. The court rejected the Department's request as no referable question of law arose in these cases.