https://www.taxtmi.com/caselaws?id=16872 The High Court held that the proposed questions raised under section 256(2) were fit for reference because they involved arguable issues on the rejection of books of account under section 145(1) and the sustainability of the addition made by the Tribunal. It found no reason to accept the Tribunal's refusal to state the case. The Tribunal was therefore directed to refer the questions of law to the High Court, and the reference application was allowed. en-us Fri, 15 Nov 1996 00:00:00 +0530 Sat, 12 Sep 2009 16:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16872 The High Court held that the proposed questions raised under section 256(2) were fit for reference because they involved arguable issues on the rejection of books of account under section 145(1) and the sustainability of the addition made by the Tribunal. It found no reason to accept the Tribunal's refusal to state the case. The Tribunal was therefore directed to refer the questions of law to the High Court, and the reference application was allowed. Case-Laws Income Tax Fri, 15 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16872