https://www.taxtmi.com/caselaws?id=24760 Questions arising from a Tribunal order were held referable under section 256(1) of the Income-tax Act, 1961 because they did emerge from the order and required consideration of the statutory scheme. The Court said the interaction between sections 139(1) and 139(4) had to be examined afresh under the 1961 Act, and an earlier Supreme Court ruling under the 1922 Act did not finally settle the issue. It therefore accepted that a return filed in the stated circumstances could be treated as a return under section 139(4) for the purpose of carrying forward loss, and the reference was directed in favour of the Revenue. en-us Mon, 22 Jun 1987 00:00:00 +0530 Fri, 22 Jan 2010 11:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24760 Questions arising from a Tribunal order were held referable under section 256(1) of the Income-tax Act, 1961 because they did emerge from the order and required consideration of the statutory scheme. The Court said the interaction between sections 139(1) and 139(4) had to be examined afresh under the 1961 Act, and an earlier Supreme Court ruling under the 1922 Act did not finally settle the issue. It therefore accepted that a return filed in the stated circumstances could be treated as a return under section 139(4) for the purpose of carrying forward loss, and the reference was directed in favour of the Revenue. Case-Laws Income Tax Mon, 22 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24760