https://www.taxtmi.com/caselaws?id=292407 Where the High Court agrees with the revenue authority's reasoning on the referred questions, the reference is answered in the affirmative. The Court examined the Commissioner's submissions and the statement of case, found the Commissioner's view correct on all three referred questions, and upheld the revenue's position. The stated ratio is that agreement with the revenue authority's reasoning leads to affirmative answers on the referred questions. 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 Where the High Court agrees with the revenue authority's reasoning on the referred questions, the reference is answered in the affirmative. The Court examined the Commissioner's submissions and the statement of case, found the Commissioner's view correct on all three referred questions, and upheld the revenue's position. The stated ratio is that agreement with the revenue authority's reasoning leads to affirmative answers on the referred questions. Case-Laws Income Tax Wed, 18 Feb 1942 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=292407