https://www.taxtmi.com/caselaws?id=26334 An earlier High Court decision on the same income-tax issue remained binding on the Department until reversed by the Supreme Court. Because that precedent already governed the point, the Tribunal's order did not give rise to any referable question of law, and reference under section 256(2) could not be directed. The applications for reference were therefore correctly refused, and the Commissioner had no entitlement to a reference on the issue already settled by binding precedent. en-us Mon, 04 Aug 1986 00:00:00 +0530 Thu, 04 Feb 2010 12:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26334 An earlier High Court decision on the same income-tax issue remained binding on the Department until reversed by the Supreme Court. Because that precedent already governed the point, the Tribunal's order did not give rise to any referable question of law, and reference under section 256(2) could not be directed. The applications for reference were therefore correctly refused, and the Commissioner had no entitlement to a reference on the issue already settled by binding precedent. Case-Laws Income Tax Mon, 04 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26334