1977 (7) TMI 1

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....972, rejecting an application filed by the appellant, the Additional Commissioner of Income-tax, Ahmedabad, under s. 256(2) of the I.T. Act, 1961, asking that the Income-tax Appellate Tribunal be directed to refer a certain question of law to the High Court. The Tribunal has set aside the penalty of Rs. 7,500 levied on the assessee by the ITO and confirmed by the IAC, following a judgment of this....