https://www.taxtmi.com/caselaws?id=19623 A reference under section 256(2) of the Income-tax Act, 1961 can be directed only on questions arising from facts admitted or found by the Tribunal. The High Court noted that the Revenue's challenge to deduction under sections 80HH and 80-I and to the assessee's status as an industrial company depended on factual matters not brought before, or recorded by, the Tribunal. Because a reference cannot be founded on facts outside the Tribunal's record, no referable question of law arose and the application was rejected. en-us Tue, 30 Aug 1994 00:00:00 +0530 Sat, 07 Nov 2009 15:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19623 A reference under section 256(2) of the Income-tax Act, 1961 can be directed only on questions arising from facts admitted or found by the Tribunal. The High Court noted that the Revenue's challenge to deduction under sections 80HH and 80-I and to the assessee's status as an industrial company depended on factual matters not brought before, or recorded by, the Tribunal. Because a reference cannot be founded on facts outside the Tribunal's record, no referable question of law arose and the application was rejected. Case-Laws Income Tax Tue, 30 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19623