1995 (8) TMI 56 - HC - Income Tax

Summary

The High Court of Allahabad heard an application under section 256(2) of the Income-tax Act, 1961. The court found that questions of law arose from the Tribunal's order regarding interest payment, revision order on salary, depreciation, and loss on sale of a vehicle, and consideration on empty bottles. The Tribunal was directed to refer these questions to the court. (Case citation: 1995 (8) TMI 56 - Allahabad High Court)