TMI Blog1990 (8) TMI 4X X X X Extracts X X X X X X X X Extracts X X X X ..... ss. A. Subhashini, Advocates ORDER The following question was sought to be raised by seeking reference under section 256(1) and (2) of the Income-tax Act, 1961 : "Was the Tribunal justified in holding that neither profit nor loss of the work was to be taken into account in the assessment of income ?" The Tribunal and the High Court have rejected the reference and refused to call for the state ..... X X X X Extracts X X X X X X X X Extracts X X X X
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