1996 (3) TMI 75 - HC - Income Tax

Summary

The assessee filed an application seeking a direction to the Tribunal to refer proposed questions of law regarding rejection of account books and estimation of income. The Tribunal did not refer all questions, leading to the application under section 256(2) of the Income-tax Act. The Tribunal's order was based on an appreciation of facts and did not give rise to any legal questions. The application was dismissed without costs. Counsel fee for each side was fixed at Rs. 750.