High Court Orders Tribunal to Refer Property Ownership Question for Assessment Year 1976-77

The High Court directed the Tribunal to refer a question of law concerning property ownership in Kalkaji, New Delhi for the assessment year 1976-77. The issue was whether the Tribunal was correct in deleting an addition of Rs. 2,86,000 by the Wealth-tax Officer for the property.

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The High Court of Delhi directed the Tribunal to refer a question of law regarding the ownership of a property in Kalkaji, New Delhi for the assessment year 1976-77. The question is whether the Income-tax Appellate Tribunal was correct in deleting an addition of Rs. 2,86,000 made by the Wealth-tax Officer for the property.

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