1954 (10) TMI 58 - Income Tax

Extract:
....... has no jurisdiction to interfere with the conclusion reached by the Appellate Tribunal. The question referred to the High Court, therefore, must be answered against the assessee and in favour of the Income-tax department. The assessee must pay costs of the reference. Hearing fee Rs. 250. RAMASWAMI, J.―I agree. Reference answered accordingly.