Commissioner Of Income-Tax vs Rajasthan State Electricity Board

The Supreme Court granted leave and held that a question of law does arise under Section 256 of the Income-tax Act, 1961, concerning the Tribunal's cancellation of a direction by the Income-tax Officer for TDS deposit. The Court directed the Tribunal to refer the specific question regarding the justification of its cancellation to the High Court for consideration. Consequently, the appeal was allowed, and the Tribunal was instructed to make the necessary reference.