https://www.taxtmi.com/caselaws?id=69176 The Tribunal treated the capital gains computation as a factual matter because the transfer related to the business as a whole and the disputed figure represented valuation of an intangible element not recorded in the books. The valuation adopted was also based on the Revenue's earlier valuation, so the result turned on fact-finding rather than statutory interpretation or a legal principle. On that basis, no question of law arose from the Tribunal's order and the reference application under section 256(1) was not maintainable. en-us Thu, 29 Apr 1976 00:00:00 +0530 Tue, 05 Apr 2011 16:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69176 The Tribunal treated the capital gains computation as a factual matter because the transfer related to the business as a whole and the disputed figure represented valuation of an intangible element not recorded in the books. The valuation adopted was also based on the Revenue's earlier valuation, so the result turned on fact-finding rather than statutory interpretation or a legal principle. On that basis, no question of law arose from the Tribunal's order and the reference application under section 256(1) was not maintainable. Case-Laws Income Tax Thu, 29 Apr 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69176