Sir. the provisions of the above section refers to " Statement of case to the High Court" , what exactly it means.
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Quick Summary
Section 256 of the Income Tax Act deals with referring a case to the High Court. It allows either the assessee or the Income Tax Commissioner to apply to the Appellate Tribunal to have a dispute, arising from any order, referred to the High Court. This process is often considered complex, and this discussion aims to clarify its meaning and implications.