Quarterly report of Reference applications u/s 256(1).

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... own the acceptance of the decisions of the Tribunal. Even where reference application u/s.256(1) is rejected by the Tribunal and the Commissioner proposes to accept the same on reconsideration he is not required to refer the matter to the Board. Filing of Reference Applications u/s.256(1) will be considerably reduced if before deciding on it, the Commissioners apply their mind to the issues aris .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... which reference applications u/s.256(1) were rejected by the tribunal. 4. Number of cases in which reference applications u/s.256(2) were filed 5(i) Number of cases in which reference application u/s.256(1) were filed even though the tax effect was below the prescribed amount of Rs.30,000. (ii) Reasons for filing such reference application. The first quarterly report should be for the quarter e .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X