https://www.taxtmi.com/caselaws?id=25677 The High Court upheld the Income-tax Appellate Tribunal's decision regarding the application of sections 161(1) and 164(1) of the Income-tax Act to a Trust Fund. The Court emphasized the importance of legal precedents and upheld the Tribunal's decision, stating that no referable question of law arose. The judgment highlighted the significance of adhering to established legal principles and the limited scope for reference of questions of law when the Tribunal's decision aligns with existing legal rulings. en-us Mon, 08 Jun 1987 00:00:00 +0530 Sat, 30 Jan 2010 11:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25677 The High Court upheld the Income-tax Appellate Tribunal's decision regarding the application of sections 161(1) and 164(1) of the Income-tax Act to a Trust Fund. The Court emphasized the importance of legal precedents and upheld the Tribunal's decision, stating that no referable question of law arose. The judgment highlighted the significance of adhering to established legal principles and the limited scope for reference of questions of law when the Tribunal's decision aligns with existing legal rulings. Case-Laws Income Tax Mon, 08 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25677