https://www.taxtmi.com/caselaws?id=18940 The High Court directed the Tribunal to refer questions on the applicability of section 41(1) of the Income-tax Act and the issue of limitation regarding the taxation of a refund amount received by the assessee. The Court found that the questions raised were indeed questions of law that needed to be referred, overturning the previous decision. The reference application was allowed without costs, with instructions for compliance within six months. en-us Mon, 13 Nov 1995 00:00:00 +0530 Tue, 03 Nov 2009 10:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18940 The High Court directed the Tribunal to refer questions on the applicability of section 41(1) of the Income-tax Act and the issue of limitation regarding the taxation of a refund amount received by the assessee. The Court found that the questions raised were indeed questions of law that needed to be referred, overturning the previous decision. The reference application was allowed without costs, with instructions for compliance within six months. Case-Laws Income Tax Mon, 13 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18940