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MODERN TEXTILES FINISHING MILLS versus COMMISSIONER OF INCOME-TAX


The Reference Penalty Income Tax of Income Tax CIT (Appeal) Tribunal, rejecting the CIT (appeal) order, would not respond to a reference to consider a new court-related case on the merit because the CIT case. (Appeals) is in the Indian Income Tax Act, 1961, section 256 of the merit (1) and 271 (1) (c) of the reference to concealment of the penalty income, which was canceled by the CIT (Appeal) Tribunal. Referring to the CIT (Appeal) order for fresh reconsideration will not answer the reference because the matter is before the CIT (Appeal) Indian Income Tax Act, 1961, Sections 256 (1) and 271 (1) (C)

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