2000 (9) TMI 6 - SCH - Income Tax

Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the claim of the assessee under section 80-I is justified even if he had not filed the audit report in Form No. 10CCB along with a return of income - question of law did arise. We, therefore, direct the Tribunal to state the case and refer the above question of law to the High Court

Summary

The Supreme Court condoned delay, granted special leave, and directed the Tribunal to refer a question of law to the High Court regarding the justification of a claim under section 80-I without filing an audit report in Form No. 10CCB along with the income tax return. The appeals were disposed of.