https://www.taxtmi.com/caselaws?id=24430 A question is referable where the Tribunal has not recorded definite findings on the relevant facts, as illustrated by the development allowance reserve issue in capital computation. The Tribunal's reliance on an earlier decision, without a clear factual basis, left the matter open for reference. A legal question also arose on exclusion of dividend income under rule 1(viii) of the First Schedule because the impact of retrospective section 80AA and the Supreme Court's dividend-deduction ruling required examination. The Revenue's reference applications were accepted, and the Tribunal was directed to state both questions for the Court. en-us Fri, 13 Jan 1989 00:00:00 +0530 Wed, 20 Jan 2010 10:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24430 A question is referable where the Tribunal has not recorded definite findings on the relevant facts, as illustrated by the development allowance reserve issue in capital computation. The Tribunal's reliance on an earlier decision, without a clear factual basis, left the matter open for reference. A legal question also arose on exclusion of dividend income under rule 1(viii) of the First Schedule because the impact of retrospective section 80AA and the Supreme Court's dividend-deduction ruling required examination. The Revenue's reference applications were accepted, and the Tribunal was directed to state both questions for the Court. Case-Laws Income Tax Fri, 13 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24430