https://www.taxtmi.com/caselaws?id=24420 The Tribunal's finding that the assessee's liability for holiday wages and leave wages under the Beedi and Cigar Workers (Conditions of Employment) Act, 1966 was an ascertained liability deductible in computing income gave rise to a question of law. The Madhya Pradesh High Court held that the character and deductibility of the liability were legal issues arising from the Tribunal's order, making the matter fit for reference under section 256(2) of the Income-tax Act, 1961. The Revenue's application was allowed and the Tribunal was directed to state the case and refer the question of law to the Court. en-us Wed, 07 Dec 1988 00:00:00 +0530 Tue, 19 Jan 2010 18:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24420 The Tribunal's finding that the assessee's liability for holiday wages and leave wages under the Beedi and Cigar Workers (Conditions of Employment) Act, 1966 was an ascertained liability deductible in computing income gave rise to a question of law. The Madhya Pradesh High Court held that the character and deductibility of the liability were legal issues arising from the Tribunal's order, making the matter fit for reference under section 256(2) of the Income-tax Act, 1961. The Revenue's application was allowed and the Tribunal was directed to state the case and refer the question of law to the Court. Case-Laws Income Tax Wed, 07 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24420