1982 (5) TMI 55 - AT - Income Tax

Summary

The Appellate Tribunal ITAT BOMBAY-A heard two reference applications together regarding the cancellation of orders u/s 185 for asst. yrs. 1971-72 and 1972-73. The Tribunal found that since the main assessment orders were annulled, the orders u/s 185 could not stand independently and dismissed both appeals as infructuous. The proposed question of law was declined as not referable, and the applications were dismissed.