https://www.taxtmi.com/caselaws?id=281662 A reference under section 256(2) was held unwarranted on the scrap and waste accounting issue because the department had long accepted the valuation method and the Tribunal had accepted it in earlier years, leaving no arguable question of law. On cash compensatory support, however, the treatment of the amount deposited with IDBI for deductions under sections 32A and 32B, in light of the retrospective amendment to section 28, was treated as a debatable legal question. The unconsidered statutory amendment required adjudication, so reference was directed on that issue. en-us Tue, 30 Mar 1999 00:00:00 +0530 Sat, 29 Jun 2019 12:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281662 A reference under section 256(2) was held unwarranted on the scrap and waste accounting issue because the department had long accepted the valuation method and the Tribunal had accepted it in earlier years, leaving no arguable question of law. On cash compensatory support, however, the treatment of the amount deposited with IDBI for deductions under sections 32A and 32B, in light of the retrospective amendment to section 28, was treated as a debatable legal question. The unconsidered statutory amendment required adjudication, so reference was directed on that issue. Case-Laws Income Tax Tue, 30 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281662