https://www.taxtmi.com/caselaws?id=5041 A question of law arose from the Tribunal's interpretation of clause 13(b) of the trust deed on whether the 1/8th share of income from the properties in schedules B and C was exempt under section 4(3)(i) of the Indian Income-tax Act, 1922. In proceedings under section 66(2), the High Court was required only to see whether the proposed question was reasonably arguable from the Tribunal's order, not to decide the merits of the exemption claim. Refusing to direct a statement of case on that basis was erroneous, and the order declining reference was set aside with directions to proceed on the specified question of law. en-us Thu, 23 Mar 1967 00:00:00 +0530 Tue, 18 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5041 A question of law arose from the Tribunal's interpretation of clause 13(b) of the trust deed on whether the 1/8th share of income from the properties in schedules B and C was exempt under section 4(3)(i) of the Indian Income-tax Act, 1922. In proceedings under section 66(2), the High Court was required only to see whether the proposed question was reasonably arguable from the Tribunal's order, not to decide the merits of the exemption claim. Refusing to direct a statement of case on that basis was erroneous, and the order declining reference was set aside with directions to proceed on the specified question of law. Case-Laws Income Tax Thu, 23 Mar 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5041