https://www.taxtmi.com/caselaws?id=69794 Sales-tax liability was required to be tested by reference to the position on the last day of the accounting year, and the demand was treated as subsisting on that date for the year ended 31 March 1974. Later developments could not alter the assessment for that year. On the facts and pending proceedings, the proposed reference was considered academic and no referable question of law was found. The reference application was therefore dismissed. en-us Tue, 23 Sep 1980 00:00:00 +0530 Tue, 12 Apr 2011 11:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69794 Sales-tax liability was required to be tested by reference to the position on the last day of the accounting year, and the demand was treated as subsisting on that date for the year ended 31 March 1974. Later developments could not alter the assessment for that year. On the facts and pending proceedings, the proposed reference was considered academic and no referable question of law was found. The reference application was therefore dismissed. Case-Laws Income Tax Tue, 23 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69794