Concession of reference application under income tax procedures directs administrative acceptance of the assessee's reference. Instruction No. 338/CBDT dated 26-10-1970 records that the Board agreed the reference application filed by the assessee should be conceded, directing ... Summary
Concession of reference application under income tax procedures directs administrative acceptance of the assessee's reference.
Instruction No. 338/CBDT dated 26-10-1970 records that the Board agreed the reference application filed by the assessee should be conceded, directing administrative guidance that the reference need not be contested in line with the cited correspondence.
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