https://www.taxtmi.com/caselaws?id=16849 A reference under section 256(2) of the Income-tax Act does not give rise to a statable question of law where the Tribunal's conclusion rests on unchallenged findings of fact. The Tribunal found that the assessee had not shifted from the mercantile to the cash system of accounting, that the mercantile method continued in the relevant years, and that the disputed sum was taxed in the subsequent assessment year. The High Court stated that, on a reference based on the facts and circumstances found by the Tribunal, it must accept those findings and cannot reappraise the evidence or go behind them absent a challenge to their validity. en-us Thu, 30 Jan 1997 00:00:00 +0530 Sat, 12 Sep 2009 15:50:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16849 A reference under section 256(2) of the Income-tax Act does not give rise to a statable question of law where the Tribunal's conclusion rests on unchallenged findings of fact. The Tribunal found that the assessee had not shifted from the mercantile to the cash system of accounting, that the mercantile method continued in the relevant years, and that the disputed sum was taxed in the subsequent assessment year. The High Court stated that, on a reference based on the facts and circumstances found by the Tribunal, it must accept those findings and cannot reappraise the evidence or go behind them absent a challenge to their validity. Case-Laws Income Tax Thu, 30 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16849