1995 (5) TMI 14 - HC - Income Tax

Summary

The High Court of Madhya Pradesh dismissed an application seeking a direction for the Income-tax Tribunal to refer a case to the High Court. The question raised was whether mandi fee and Nirashrit Shulk should be treated as a tax or duty under section 43B of the Income-tax Act, 1961. The Court held that mandi fee is a fee for services rendered, not a tax, and that the Income-tax Department cannot raise new points for reference. The application was dismissed as there was no question of law arising in the case.