https://www.taxtmi.com/caselaws?id=154864 A statutory reference was warranted because the Tribunal's order raised arguable questions of law on the legality of a best judgment assessment based on witness statements recorded without affording cross-examination, and on whether findings about alleged benami transactions were vitiated in law. In the connected penalty matter, the Court identified a further question of law on whether penalty could rest solely on assessment findings without separate penalty proceedings and without the department discharging its burden of proof. The Tribunal was therefore directed to refer the formulated questions to the High Court. en-us Thu, 03 Jul 1986 00:00:00 +0530 Tue, 27 Aug 2013 18:33:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154864 A statutory reference was warranted because the Tribunal's order raised arguable questions of law on the legality of a best judgment assessment based on witness statements recorded without affording cross-examination, and on whether findings about alleged benami transactions were vitiated in law. In the connected penalty matter, the Court identified a further question of law on whether penalty could rest solely on assessment findings without separate penalty proceedings and without the department discharging its burden of proof. The Tribunal was therefore directed to refer the formulated questions to the High Court. Case-Laws VAT and Sales Tax Thu, 03 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154864