https://www.taxtmi.com/caselaws?id=25120 The High Court dismissed the Commissioner of Income-tax's application seeking reference of ten questions of law to the Tribunal, as only one question was referred and the remaining nine were declined. The Court found that the Tribunal's decisions on various issues, including the deletion of a payment under a Voluntary Retirement Scheme, payment not considered a penalty, payment under a collusive arrangement, deduction of commission, payment of commission for business needs, compliance with tax provisions, valuation of closing stock, deduction of sales tax, and retrospective amendment applicability, did not raise further legal questions warranting reference. The application was ultimately dismissed with no order as to costs. en-us Fri, 24 Jul 1987 00:00:00 +0530 Mon, 25 Jan 2010 14:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25120 The High Court dismissed the Commissioner of Income-tax's application seeking reference of ten questions of law to the Tribunal, as only one question was referred and the remaining nine were declined. The Court found that the Tribunal's decisions on various issues, including the deletion of a payment under a Voluntary Retirement Scheme, payment not considered a penalty, payment under a collusive arrangement, deduction of commission, payment of commission for business needs, compliance with tax provisions, valuation of closing stock, deduction of sales tax, and retrospective amendment applicability, did not raise further legal questions warranting reference. The application was ultimately dismissed with no order as to costs. Case-Laws Income Tax Fri, 24 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25120