https://www.taxtmi.com/caselaws?id=5067 A genuine question of law arose on the proper assessment year for taxing an undisclosed receipt, even though the Tribunal had factual material supporting the finding that the sum came from an undisclosed source. The existence of that factual finding did not remove the separate legal issue whether the amount was assessable in the accounting year or the financial year. The Tribunal was therefore bound to state a case and refer the question of law, and its refusal to do so was erroneous. The reference provisions required consideration of the correct year of taxability where that legal issue was distinctly raised. en-us Mon, 17 Apr 1967 00:00:00 +0530 Wed, 19 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5067 A genuine question of law arose on the proper assessment year for taxing an undisclosed receipt, even though the Tribunal had factual material supporting the finding that the sum came from an undisclosed source. The existence of that factual finding did not remove the separate legal issue whether the amount was assessable in the accounting year or the financial year. The Tribunal was therefore bound to state a case and refer the question of law, and its refusal to do so was erroneous. The reference provisions required consideration of the correct year of taxability where that legal issue was distinctly raised. Case-Laws Income Tax Mon, 17 Apr 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5067