https://www.taxtmi.com/caselaws?id=24656 A reference under section 256(2) of the Income-tax Act, 1961 is warranted where the Tribunal's findings give rise to a debatable question of law. Here, the Tribunal had found the assessee-firm to be not genuine because profits were not distributed in accordance with the partnership deed, and the High Court treated the resulting issue as a question of law fit for reference. The application was therefore allowed, and the Tribunal was directed to state the case and refer the question to the High Court for opinion. en-us Sat, 06 Aug 1988 00:00:00 +0530 Thu, 21 Jan 2010 15:08:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24656 A reference under section 256(2) of the Income-tax Act, 1961 is warranted where the Tribunal's findings give rise to a debatable question of law. Here, the Tribunal had found the assessee-firm to be not genuine because profits were not distributed in accordance with the partnership deed, and the High Court treated the resulting issue as a question of law fit for reference. The application was therefore allowed, and the Tribunal was directed to state the case and refer the question to the High Court for opinion. Case-Laws Income Tax Sat, 06 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24656