https://www.taxtmi.com/caselaws?id=24203 Questions concerning whether an assessee was merely an apparent owner or benamidar, and whether entries in a wealth-tax return amounted to a binding admission, may raise referable questions of law where the Tribunal's findings are not supported by clearly identified material. The Kerala High Court noted that the conclusion on ownership of shares and the supposed misconception of law in the return required closer scrutiny in reference proceedings. Accordingly, two of the proposed questions were directed to be referred to the High Court, while the remaining questions were not ordered to be referred. en-us Thu, 19 Jan 1989 00:00:00 +0530 Mon, 18 Jan 2010 15:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24203 Questions concerning whether an assessee was merely an apparent owner or benamidar, and whether entries in a wealth-tax return amounted to a binding admission, may raise referable questions of law where the Tribunal's findings are not supported by clearly identified material. The Kerala High Court noted that the conclusion on ownership of shares and the supposed misconception of law in the return required closer scrutiny in reference proceedings. Accordingly, two of the proposed questions were directed to be referred to the High Court, while the remaining questions were not ordered to be referred. Case-Laws Income Tax Thu, 19 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24203