https://www.taxtmi.com/caselaws?id=37314 The Court upheld the Tribunal's decision to not refer a question of law to the High Court under section 256(1) of the Income Tax Act, 1961. The Tribunal correctly found that the specific question of penalty leviability under section 271(1)(c) for a firm below the taxable limit was not raised during the appeal proceedings, thus not warranting referral. Emphasizing the necessity for raising all pertinent legal issues before the Tribunal, the Court dismissed the application, highlighting that questions of law must directly arise from the Tribunal's original order for referral consideration. en-us Fri, 13 Jul 1979 00:00:00 +0530 Mon, 29 Mar 2010 10:37:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37314 The Court upheld the Tribunal's decision to not refer a question of law to the High Court under section 256(1) of the Income Tax Act, 1961. The Tribunal correctly found that the specific question of penalty leviability under section 271(1)(c) for a firm below the taxable limit was not raised during the appeal proceedings, thus not warranting referral. Emphasizing the necessity for raising all pertinent legal issues before the Tribunal, the Court dismissed the application, highlighting that questions of law must directly arise from the Tribunal's original order for referral consideration. Case-Laws Income Tax Fri, 13 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37314