https://www.taxtmi.com/caselaws?id=21706 Allowance of 40 per cent of a Development Officer's incentive bonus commission was treated as a factual estimate of expenses likely incurred in earning the income. Because the Tribunal's conclusion depended on the quantum of probable expenditure rather than on any legal principle, it was a finding of fact. Such a factual determination did not raise a referable question of law under section 256(2) of the Income-tax Act, 1961, and the request for a direction to refer the question was rejected. en-us Wed, 01 Jul 1992 00:00:00 +0530 Fri, 27 Nov 2009 11:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21706 Allowance of 40 per cent of a Development Officer's incentive bonus commission was treated as a factual estimate of expenses likely incurred in earning the income. Because the Tribunal's conclusion depended on the quantum of probable expenditure rather than on any legal principle, it was a finding of fact. Such a factual determination did not raise a referable question of law under section 256(2) of the Income-tax Act, 1961, and the request for a direction to refer the question was rejected. Case-Laws Income Tax Wed, 01 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21706