https://www.taxtmi.com/caselaws?id=11787 The Tribunal's finding that payments by the promoter-managing director were adjustments of amounts already drawn from the company account, and not loans or deposits, was treated as a pure finding of fact. On that factual basis, section 269SS was held not to be attracted, and no referable question of law arose under section 256(2) of the Income-tax Act, 1961. Because reference jurisdiction under section 256(2) extends only to questions of law, the request for reference was rejected. en-us Thu, 18 Jul 2002 00:00:00 +0530 Mon, 08 Feb 2010 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11787 The Tribunal's finding that payments by the promoter-managing director were adjustments of amounts already drawn from the company account, and not loans or deposits, was treated as a pure finding of fact. On that factual basis, section 269SS was held not to be attracted, and no referable question of law arose under section 256(2) of the Income-tax Act, 1961. Because reference jurisdiction under section 256(2) extends only to questions of law, the request for reference was rejected. Case-Laws Income Tax Thu, 18 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11787