In absence or Provisions in Income Tax addition for Notional Interest not justified

(2000) 242 ITR 022 (Gau) In The Guwahati High Court B And A Plantations And Industries Ltd vs Commissioner of Income-Tax Judgement The judgment of the court was delivered by PG AGARWAL J–In this case, the following seven references were made under section 256(2) of the Income-tax Act, 1961 (for short “the Act”): “1 Whether, on the facts and in the circumstances of the case and on the materials on record the Tribunal was justified in law in holding that the order of assessment was passed only on March 30, 1988, which was shown to have been passed on M...