2000 (2) TMI 21

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..... on to the Income-tax Appellate Tribunal to refer the following question of law to this court for determination: "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that no interest can be charged under section 217(1) or section 217(1A) as the assessee has filed the estimates and has paid tax accordingly, by ignoring the fact that the assessee had fi .....

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..... assessee to furnish estimate of his income under section 209A during the financial year relevant to the assessment year 1988-89, which requires consideration. The Tribunal has erred in rejecting the application under section 256(1) of the Act on the ground that the answer is self-evident. In this view of the matter, we allow this reference application and direct the Income-tax Appellate Tribu .....

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