https://www.taxtmi.com/caselaws?id=24850 A reference under section 256(2) was sought on whether the Tribunal was justified in deleting capital gains from the assessee's total income. The High Court held that the proposed issue disclosed a referable question of law arising out of the Tribunal's order, making it fit for reference. The application was therefore allowed and the Tribunal was directed to state the case and refer the question to the Court for opinion. en-us Tue, 02 Aug 1988 00:00:00 +0530 Fri, 22 Jan 2010 17:13:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24850 A reference under section 256(2) was sought on whether the Tribunal was justified in deleting capital gains from the assessee's total income. The High Court held that the proposed issue disclosed a referable question of law arising out of the Tribunal's order, making it fit for reference. The application was therefore allowed and the Tribunal was directed to state the case and refer the question to the Court for opinion. Case-Laws Income Tax Tue, 02 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24850