https://www.taxtmi.com/caselaws?id=183884 The text explains that under Section 5A(7) of the Indian Income-tax Act, a reference to the President of the Appellate Tribunal is valid only if the Members who differed first state the precise point or points of disagreement; that formulation is a jurisdictional prerequisite, not a mere procedural step. It also states that where the Members differ on the quantum of assessment, the third Member must choose one of the rival figures already proposed and cannot invent a fresh intermediate assessment. The discussion treats both requirements as essential to the competence of the reference and to the working of the statutory majority scheme. en-us Fri, 20 Mar 1953 00:00:00 +0530 Fri, 24 Jun 2016 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183884 The text explains that under Section 5A(7) of the Indian Income-tax Act, a reference to the President of the Appellate Tribunal is valid only if the Members who differed first state the precise point or points of disagreement; that formulation is a jurisdictional prerequisite, not a mere procedural step. It also states that where the Members differ on the quantum of assessment, the third Member must choose one of the rival figures already proposed and cannot invent a fresh intermediate assessment. The discussion treats both requirements as essential to the competence of the reference and to the working of the statutory majority scheme. Case-Laws Income Tax Fri, 20 Mar 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183884