1987 (11) TMI 33

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..... 56(2) of the Income-tax Act, 1961, by the assessee, as many as six questions have been raised. From a perusal of the order of the Tribunal passed under section 256(i) of the Act, it appears, however, that only two questions were raised. As regards the remaining questions, they were orally raised but not pressed. Therefore, the assessee is not entitled to reiterate the same questions and ask this c .....

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..... s not an allowable deduction under that section." In the circumstances, we do not consider it, necessary to call for statement on this question. As regards question No. 2, it has been found by the Tribunal that there was information before the Income-tax Officer to initiate proceedings under section 147(b). In fact, the assessee did not disclose in its return that the amount of Rs. 3,000, whic .....

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