1983 (5) TMI 60 - AT - Income Tax

Summary

The CIT filed a reference application questioning the Tribunal's decision to allow the assessee's claim under section 80J despite non-compliance with section 80J(6A). The Tribunal found that section 80J(6A) is directory, not mandatory, and upheld its decision. The Tribunal emphasized the importance of following natural justice principles in assessment procedures. The reference application was dismissed. (Case Citation: 1983 (5) TMI 60 - ITAT CHANDIGARH)