The C.I.T.B./C-v., v. M/S. Audco India Ltd.
Case brief
What is this about?
This judgment concerns an income tax reference under Section 256(1) of the Income Tax Act, 1961. The Revenue applicant failed to prepare the paper book or pursue the reference. Accordingly, the court returned the reference unanswered while leaving the questions open for future consideration.
What did the court decide?
Reference returned unanswered; questions left open for future consideration.