High Court directs Tribunal to refer questions on Income-tax Act section 40A(3)

The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer two questions of law regarding the applicability of section 40A(3) of the Income-tax Act, 1961 for consideration. The application was allowed, and parties were to bear their own costs.

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The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer two questions of law regarding the applicability of section 40A(3) of the Income-tax Act, 1961 for consideration. The application was allowed and parties were to bear their own costs.

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