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<h1>Supreme Court Grants Leave to Refer Tax Law Question to High Court</h1> The Supreme Court granted leave in a case where the Tribunal declined to refer a question of law to the High Court. The Court directed the Tribunal to ... 'Whether, on the facts and in the circumstances of the case and in law, the Tribunal was justified in cancelling the direction issued by the Income-tax Officer (TDS) for deposit of amount of TDS at ₹ 37,36,775 with interest thereon at ₹ 1,48,465 thus totalling to ₹ 38,85,240' - question of law does arise. The Tribunal is directed to make a statement and refer the above question of law to the High Court for consideration The Supreme Court granted leave in a case where the Tribunal declined to refer a question of law to the High Court. The Court directed the Tribunal to refer the question regarding the cancellation of a direction by the Income-tax Officer for deposit of TDS amount totaling to Rs. 38,85,240. The appeal was allowed.
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