https://www.taxtmi.com/caselaws?id=188476 The High Court of Madhya Pradesh declined to answer a reference under section 256(1) of the IT Act due to the small amount involved, Rs. 8,400 for four assessment years. The Court advised against seeking references for amounts less than Rs. 50,000, now raised to Rs. 1,00,000, and disposed of the reference without costs. en-us Wed, 10 Jul 2002 00:00:00 +0530 Fri, 02 Dec 2016 14:09:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188476 The High Court of Madhya Pradesh declined to answer a reference under section 256(1) of the IT Act due to the small amount involved, Rs. 8,400 for four assessment years. The Court advised against seeking references for amounts less than Rs. 50,000, now raised to Rs. 1,00,000, and disposed of the reference without costs. Case-Laws Income Tax Wed, 10 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188476