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<h1>Court directs Tax Tribunal to refer question of law for assessment order rectification under Income-tax Act.</h1> The High Court of Madhya Pradesh allowed the application under section 256(2) of the Income-tax Act, 1961, directing the Tribunal to refer the question of ... Limitation, Penalty The High Court of Madhya Pradesh allowed the application under section 256(2) of the Income-tax Act, 1961. The court directed the Tribunal to refer the question of law regarding rectification of the order of assessment under section 154 of the Act. The Tribunal's decision was challenged by the Revenue, and the court allowed the application for reference.
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