https://www.taxtmi.com/caselaws?id=5347 A reference under section 256(2) was declined because the Tribunal's view on bonus, commission and house rent allowance as perquisites turned on findings of fact that the payments were made under company resolutions and terms of employment, while a Central Board of Direct Taxes circular already covered the issue. The Court noted that the assessment year was long past, the relevant provision had since been replaced, and the tax consequence was minor, so no useful purpose would be served by sending the question to the High Court. The appeal was dismissed. en-us Thu, 22 Aug 1991 00:00:00 +0530 Mon, 24 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5347 A reference under section 256(2) was declined because the Tribunal's view on bonus, commission and house rent allowance as perquisites turned on findings of fact that the payments were made under company resolutions and terms of employment, while a Central Board of Direct Taxes circular already covered the issue. The Court noted that the assessment year was long past, the relevant provision had since been replaced, and the tax consequence was minor, so no useful purpose would be served by sending the question to the High Court. The appeal was dismissed. Case-Laws Income Tax Thu, 22 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5347