https://www.taxtmi.com/caselaws?id=18078 The court allowed the applications under section 256(2) of the Income-tax Act, 1961, directing the Tribunal to state cases and refer a reformulated question of law regarding the entitlement of assessees to claim 40% expenses from incentive bonuses or commissions. The judgment aimed to resolve conflicting opinions, emphasizing the need for clarity on this issue. Counsel fees were fixed, and the Tribunal was instructed to comply with the directions within a specified timeframe. en-us Fri, 01 Mar 1996 00:00:00 +0530 Sat, 26 Sep 2009 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18078 The court allowed the applications under section 256(2) of the Income-tax Act, 1961, directing the Tribunal to state cases and refer a reformulated question of law regarding the entitlement of assessees to claim 40% expenses from incentive bonuses or commissions. The judgment aimed to resolve conflicting opinions, emphasizing the need for clarity on this issue. Counsel fees were fixed, and the Tribunal was instructed to comply with the directions within a specified timeframe. Case-Laws Income Tax Fri, 01 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18078