https://www.taxtmi.com/caselaws?id=21668 A reference under section 256(2) was warranted because the Tribunal's order raised a statable question of law on whether rectification under section 154 was barred by limitation. The Court held that it was not required at the reference stage to decide the merits of the limitation issue, and a reference cannot be refused merely because the Tribunal's view may later prove correct or because similar views have been accepted elsewhere. The Tribunal was directed to state the case and refer the question to the Court. en-us Tue, 14 May 1991 00:00:00 +0530 Thu, 26 Nov 2009 15:41:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21668 A reference under section 256(2) was warranted because the Tribunal's order raised a statable question of law on whether rectification under section 154 was barred by limitation. The Court held that it was not required at the reference stage to decide the merits of the limitation issue, and a reference cannot be refused merely because the Tribunal's view may later prove correct or because similar views have been accepted elsewhere. The Tribunal was directed to state the case and refer the question to the Court. Case-Laws Income Tax Tue, 14 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21668