https://www.taxtmi.com/caselaws?id=19452 The court allowed the applications under section 256(2) of the Income-tax Act, 1961, addressing the maintainability issue raised by the Revenue. It clarified that a single reference application is adequate for multiple appeals arising from one assessment if disposed of by a consolidated order. The court directed the Income-tax Appellate Tribunal to refer the question of law regarding the justification of upholding profit estimates despite the assessee maintaining business accounts. en-us Wed, 23 Nov 1994 00:00:00 +0530 Fri, 06 Nov 2009 12:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19452 The court allowed the applications under section 256(2) of the Income-tax Act, 1961, addressing the maintainability issue raised by the Revenue. It clarified that a single reference application is adequate for multiple appeals arising from one assessment if disposed of by a consolidated order. The court directed the Income-tax Appellate Tribunal to refer the question of law regarding the justification of upholding profit estimates despite the assessee maintaining business accounts. Case-Laws Income Tax Wed, 23 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19452