2005 (2) TMI 109

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....ections of this court, the Income-tax Appellate Tribunal, Chandigarh Bench, Chandigarh (for short "the Tribunal"), has referred the following question of law arising out of its order dated November 12, 1984, relating to the assessment year 1979-80 for the opinion of this court: "Whether, on the facts and in the circumstances of the case, the Tribunal is right in law holding that the liability o....

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....ourt, vide interim order dated September 25, 1978, had stayed the levy beyond 1.5 per cent. The matter was finally disposed of by the Supreme Court vide order dated July 31, 1979 whereby the levy was upheld to the extent of two per cent. against three per cent. The Tribunal was, therefore, of the view that in view of the interim order dated September 25, 1975 passed by the Supreme Court no liabili....