https://www.taxtmi.com/caselaws?id=19235 The court upheld the Tribunal's decision allowing a 40% deduction from the incentive bonus under the head 'Salaries'. It emphasized that unless findings are transformed into questions of law, they cannot be interfered with. The court also upheld the classification of the incentive bonus as income from business or profession, citing a similar decision by the Bombay High Court. As the Department did not challenge this classification, the court dismissed the petition, stating that the Tribunal's decision was based on available material. en-us Thu, 02 Feb 1995 00:00:00 +0530 Wed, 04 Nov 2009 17:32:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19235 The court upheld the Tribunal's decision allowing a 40% deduction from the incentive bonus under the head 'Salaries'. It emphasized that unless findings are transformed into questions of law, they cannot be interfered with. The court also upheld the classification of the incentive bonus as income from business or profession, citing a similar decision by the Bombay High Court. As the Department did not challenge this classification, the court dismissed the petition, stating that the Tribunal's decision was based on available material. Case-Laws Income Tax Thu, 02 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19235