https://www.taxtmi.com/caselaws?id=22700 Where the Tribunal's determination on interest from sticky loans turned on detailed factual findings and the assessee's cash system of accounting, no referable question of law arose under section 256(2) of the Income-tax Act, 1961. The Tribunal accepted that interest on doubtful loans had been deleted on the facts and that the Revenue's contrary factual basis was incorrect, so State Bank of Travancore v. CIT was held inapplicable. The second question likewise depended on facts, disclosed no independent legal issue, and could not be referred. The reference application was therefore rejected. en-us Fri, 10 Aug 1990 00:00:00 +0530 Sat, 12 Dec 2009 13:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22700 Where the Tribunal's determination on interest from sticky loans turned on detailed factual findings and the assessee's cash system of accounting, no referable question of law arose under section 256(2) of the Income-tax Act, 1961. The Tribunal accepted that interest on doubtful loans had been deleted on the facts and that the Revenue's contrary factual basis was incorrect, so State Bank of Travancore v. CIT was held inapplicable. The second question likewise depended on facts, disclosed no independent legal issue, and could not be referred. The reference application was therefore rejected. Case-Laws Income Tax Fri, 10 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22700