1999 (11) TMI 25

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....on 256(2) of the Income-tax Act, 1961 (for short "the Act"), the Revenue seeks a direction to the Income-tax Appellate Tribunal (for short "the Tribunal") to state the case and refer the following questions, stated to be of law, arising out of RA No. 374/ Delhi of 1997 in respect of the assessment year 1986-87, for the opinion of this court : "(1) Whether, on the facts and circumstances of the ....

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....ing to the earlier years but paid during the year was wrongly allowed by the Assessing Officer because the income from immovable property was not assessed under the head "Income from house property" as the assessee was not the legal owner thereof ; (ii) the assessee had not disclosed interest income on the amounts lying deposited in her compulsory deposit account ; and (iii) though the assessee ha....

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....rce of acquisition of jewellery declared under the amnesty scheme, the Tribunal held that there was no material on record to show that the jewellery was acquired in the previous year relevant to the assessment year under consideration and not in the year as mentioned by the assessee in her declaration under the amnesty scheme and, therefore, in the absence of any clear finding that income on accou....