https://www.taxtmi.com/caselaws?id=18689 In tax reference jurisdiction, the High Court may decline to answer a referred question of law if unchallenged factual findings have already resolved the real controversy and the question would be purely academic. Here, the Tribunal's findings that the sales were for adequate consideration and below market value negatived any deemed gift, so an answer on the referred issue would not have altered the parties' position. The Court therefore treated the reference as unnecessary for decision and returned it unanswered. en-us Mon, 20 Nov 1995 00:00:00 +0530 Sat, 31 Oct 2009 13:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18689 In tax reference jurisdiction, the High Court may decline to answer a referred question of law if unchallenged factual findings have already resolved the real controversy and the question would be purely academic. Here, the Tribunal's findings that the sales were for adequate consideration and below market value negatived any deemed gift, so an answer on the referred issue would not have altered the parties' position. The Court therefore treated the reference as unnecessary for decision and returned it unanswered. Case-Laws Income Tax Mon, 20 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18689