https://www.taxtmi.com/caselaws?id=18770 The High Court held that no referable question of law arose from the Tribunal's finding that the assessee was a co-owner rather than an association of persons. It accepted the Tribunal's reliance on earlier assessment treatment and prior precedent, and noted that similar reasoning had already been followed in earlier matters with special leave petitions dismissed by the Supreme Court. On that basis, the court concluded that the dispute did not warrant a reference under section 256(2) of the Income-tax Act, 1961, and the reference petition was dismissed. en-us Wed, 08 Mar 1995 00:00:00 +0530 Sat, 31 Oct 2009 18:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18770 The High Court held that no referable question of law arose from the Tribunal's finding that the assessee was a co-owner rather than an association of persons. It accepted the Tribunal's reliance on earlier assessment treatment and prior precedent, and noted that similar reasoning had already been followed in earlier matters with special leave petitions dismissed by the Supreme Court. On that basis, the court concluded that the dispute did not warrant a reference under section 256(2) of the Income-tax Act, 1961, and the reference petition was dismissed. Case-Laws Income Tax Wed, 08 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18770