https://www.taxtmi.com/caselaws?id=11429 The Rajasthan High Court held that the Tribunal should have referred the framed question of law under the Income-tax Act's reference mechanism, and that its refusal to do so was not justified. The court declined to decide the merits of the assessment controversy or the Commissioner's action cancelling the assessment, including issues arising from competing valuations by the departmental valuer, the registered valuer and the Assessing Officer. It treated the dispute as raising an appropriate question of law for High Court determination and directed the Tribunal to make the reference in accordance with law. en-us Wed, 15 Jan 2003 00:00:00 +0530 Sat, 08 Aug 2009 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11429 The Rajasthan High Court held that the Tribunal should have referred the framed question of law under the Income-tax Act's reference mechanism, and that its refusal to do so was not justified. The court declined to decide the merits of the assessment controversy or the Commissioner's action cancelling the assessment, including issues arising from competing valuations by the departmental valuer, the registered valuer and the Assessing Officer. It treated the dispute as raising an appropriate question of law for High Court determination and directed the Tribunal to make the reference in accordance with law. Case-Laws Income Tax Wed, 15 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11429