1989 (10) TMI 25 - HC - Wealth-tax

Summary

The High Court rejected the Department's application for a reference under section 27(3) of the Wealth-tax Act, 1957. The Tribunal held that no referable question of law arises as the issue had already been decided by the High Court in a previous case. The High Court found that the special leave petition pending in the Supreme Court did not modify or annul its previous order. The application for reference was rejected.