https://www.taxtmi.com/caselaws?id=24357 Whether the Income-tax Appellate Tribunal's order gave rise to a referable question of law under section 256(2) was answered in the negative. The Court treated the reliability of accounts and the question whether income, profits and gains could be properly deduced from the assessee's regular method of accounting as matters of fact, not law. It also noted that similar questions had already been declined in earlier years on the same basis. No question of law arose from the Tribunal's order, so the reference application was rejected. en-us Mon, 16 Jan 1989 00:00:00 +0530 Tue, 19 Jan 2010 14:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24357 Whether the Income-tax Appellate Tribunal's order gave rise to a referable question of law under section 256(2) was answered in the negative. The Court treated the reliability of accounts and the question whether income, profits and gains could be properly deduced from the assessee's regular method of accounting as matters of fact, not law. It also noted that similar questions had already been declined in earlier years on the same basis. No question of law arose from the Tribunal's order, so the reference application was rejected. Case-Laws Income Tax Mon, 16 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24357