2010 (9) TMI 1210 - HC - Income Tax

Summary

The High Court of Calcutta admitted an appeal for the assessment year 2001-02 based on substantial questions of law. The questions included whether the Tribunal was justified in following its own order over a judgment of the High Court, and whether the case fell under the explanation to section 73 of the Income Tax Act, 1961. The appellant was directed to file paper books within two months.