1994 (11) TMI 130 - SCH - Income Tax

Summary

The Supreme Court dismissed the appeal based on the decision in Phool Chand Bajrang Lal v. ITO [1993] 203 ITR 456. Question No.1 was answered against the assessee and in favor of the Revenue. Question No. 2, being an order of remand, was not considered a question of law. No costs were awarded.