https://www.taxtmi.com/caselaws?id=14673 An application under section 256(2) of the Income-tax Act raised a referable question of law where the assessee challenged the Tribunal's finding of concealment and the sustainability of penalty under section 271(1)(c). The Court held that the dispute was not confined to a pure question of fact because the issue was whether the Tribunal's finding was supported by relevant evidence and was legally sustainable. It therefore concluded that a question of law arose on the penalty order and directed the Tribunal to state the case and refer the formulated question to the High Court. en-us Fri, 15 Oct 1999 00:00:00 +0530 Sat, 18 Jul 2009 10:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14673 An application under section 256(2) of the Income-tax Act raised a referable question of law where the assessee challenged the Tribunal's finding of concealment and the sustainability of penalty under section 271(1)(c). The Court held that the dispute was not confined to a pure question of fact because the issue was whether the Tribunal's finding was supported by relevant evidence and was legally sustainable. It therefore concluded that a question of law arose on the penalty order and directed the Tribunal to state the case and refer the formulated question to the High Court. Case-Laws Income Tax Fri, 15 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14673