https://www.taxtmi.com/caselaws?id=191621 The High Court was approached for a Reference under Section 256(1) of the Income Tax Act, 1961, regarding compliance with natural justice principles in assessment. Parties agreed not to pursue the Reference further due to subsequent events, leading the Court to return the Reference unanswered. Issues regarding the deletion of alleged premium realization, interest charged under Section 215 of the Act, and the applicant's cross-examination of witnesses were left unresolved as a result of the parties' agreement not to press the matter further. The Reference was disposed of accordingly. en-us Fri, 08 Jul 2016 00:00:00 +0530 Sun, 09 Apr 2017 10:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191621 The High Court was approached for a Reference under Section 256(1) of the Income Tax Act, 1961, regarding compliance with natural justice principles in assessment. Parties agreed not to pursue the Reference further due to subsequent events, leading the Court to return the Reference unanswered. Issues regarding the deletion of alleged premium realization, interest charged under Section 215 of the Act, and the applicant's cross-examination of witnesses were left unresolved as a result of the parties' agreement not to press the matter further. The Reference was disposed of accordingly. Case-Laws Income Tax Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191621