https://www.taxtmi.com/caselaws?id=292407 A statutory reference under Section 66(2) of the Income-tax Act concerning three posed questions is treated as a review of the Commissioner's stated reasoning; where that reasoning is supported on scrutiny and no contrary submissions are advanced, the Commissioner's conclusions may be affirmed. The effect declared is that all three referred questions are answered in the affirmative, the Commissioner's determinations are affirmed, the reference is disposed accordingly, and costs are awarded to the Commissioner. The ratio identifies affirmation of administrative determinations as appropriate where the statutory reference record substantiates the Commissioner's reasoning. en-us Wed, 18 Feb 1942 00:00:00 +0630 Tue, 22 Dec 2020 17:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292407 A statutory reference under Section 66(2) of the Income-tax Act concerning three posed questions is treated as a review of the Commissioner's stated reasoning; where that reasoning is supported on scrutiny and no contrary submissions are advanced, the Commissioner's conclusions may be affirmed. The effect declared is that all three referred questions are answered in the affirmative, the Commissioner's determinations are affirmed, the reference is disposed accordingly, and costs are awarded to the Commissioner. The ratio identifies affirmation of administrative determinations as appropriate where the statutory reference record substantiates the Commissioner's reasoning. Case-Laws Income Tax Wed, 18 Feb 1942 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=292407