https://www.taxtmi.com/caselaws?id=24611 The Delhi High Court directed the Tribunal under section 256(2) to draw up a consolidated statement of case for assessment years 1979-80 and 1980-81 and to refer specified questions of law. The Court did not decide the merits on taxability of receipts from a private discretionary trust for employees, but remitted the issue for authoritative determination in the High Court. It also directed reference of the question whether the trust should be assessed as an association of persons or at a flat rate of tax. The order was made consistently with earlier consolidated references on similar issues. en-us Thu, 07 Jan 1988 00:00:00 +0530 Thu, 21 Jan 2010 12:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24611 The Delhi High Court directed the Tribunal under section 256(2) to draw up a consolidated statement of case for assessment years 1979-80 and 1980-81 and to refer specified questions of law. The Court did not decide the merits on taxability of receipts from a private discretionary trust for employees, but remitted the issue for authoritative determination in the High Court. It also directed reference of the question whether the trust should be assessed as an association of persons or at a flat rate of tax. The order was made consistently with earlier consolidated references on similar issues. Case-Laws Income Tax Thu, 07 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24611