https://www.taxtmi.com/caselaws?id=23632 A Revenue reference application on the computation of penalty under the Wealth-tax Act was not admitted because the issue had already been settled by the Supreme Court in Maya Rani Punj and followed by the High Court. As the governing precedent was binding, no referable question of law survived for consideration, and the application was dismissed. en-us Tue, 21 Nov 1989 00:00:00 +0530 Tue, 22 Dec 2009 18:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23632 A Revenue reference application on the computation of penalty under the Wealth-tax Act was not admitted because the issue had already been settled by the Supreme Court in Maya Rani Punj and followed by the High Court. As the governing precedent was binding, no referable question of law survived for consideration, and the application was dismissed. Case-Laws Wealth-tax Tue, 21 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23632