Court directs Tribunal to refer question on salaried employee's bonus deduction.

The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer a question on the entitlement of a salaried employee to deduction on incentive bonus received from the employer. The Tribunal was instructed to prepare a statement of the case and refer the question to the court for its opinion. The application was partly allowed.

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The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer a question regarding the entitlement of a salaried employee to deduction on incentive bonus received from the employer. The Tribunal was instructed to draw up a statement of the case and refer the question to the court for its opinion. The application was partly allowed.

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