1986 (5) TMI 2 - SUPREME COURT

Cash Credits - Tribunal's failure to consider identity and credit worthiness of creditors - failure of the Tribunal to consider the materials gathered by the ITO - Whether a question of law referable to the High Court arises out of the order of the Income-tax Appellate Tribunal in this case - question of law arise - held that High Court was in error in not directing a reference on the impugned questions to the High Court under section 256(2)