https://www.taxtmi.com/caselaws?id=23858 The High Court treated the Tribunal's finding that Rs. 59,000 represented income from undisclosed sources as a finding of fact based on material on record, so no question of law arose on that issue. By contrast, the Tribunal's refusal to apply the peak credit theory was held to raise a question of law fit for reference under the reference jurisdiction, and the Tribunal was directed to refer that question. The application therefore succeeded only in part: one proposed question was rejected as factual, while the other was accepted for opinion. en-us Fri, 15 Sep 1989 00:00:00 +0530 Thu, 14 Jan 2010 17:59:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23858 The High Court treated the Tribunal's finding that Rs. 59,000 represented income from undisclosed sources as a finding of fact based on material on record, so no question of law arose on that issue. By contrast, the Tribunal's refusal to apply the peak credit theory was held to raise a question of law fit for reference under the reference jurisdiction, and the Tribunal was directed to refer that question. The application therefore succeeded only in part: one proposed question was rejected as factual, while the other was accepted for opinion. Case-Laws Income Tax Fri, 15 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23858