https://www.taxtmi.com/caselaws?id=31188 The Court dismissed the revenue's petition seeking a question of law reference to HC under Section 256(2) of the Income Tax Act, 1961. The issue revolved around assessing interest amounts in dispute over enhanced compensation payments. Relying on a precedent involving a co-assessee and the decision in C.I.T. v. Hindustan Housing Board, the Court held that since the co-assessee's case was final and in accordance with legal principles, there was no need for a reference. The petition was dismissed by SATISH KUMAR MITTAL, J. en-us Mon, 28 Apr 2008 00:00:00 +0530 Wed, 22 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31188 The Court dismissed the revenue's petition seeking a question of law reference to HC under Section 256(2) of the Income Tax Act, 1961. The issue revolved around assessing interest amounts in dispute over enhanced compensation payments. Relying on a precedent involving a co-assessee and the decision in C.I.T. v. Hindustan Housing Board, the Court held that since the co-assessee's case was final and in accordance with legal principles, there was no need for a reference. The petition was dismissed by SATISH KUMAR MITTAL, J. Case-Laws Income Tax Mon, 28 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31188