https://www.taxtmi.com/caselaws?id=25339 A certificate for appeal to the Supreme Court was warranted where interpretation of a tax provision had produced conflicting High Court views and raised a substantial question of law of general importance. The controversy concerned the applicability of Section 40(b) to interest paid to a partner in a representative capacity. Because the divergence required authoritative settlement and the statutory condition for certification under Section 261 was met, the certificate was granted. en-us Sat, 25 Apr 1987 00:00:00 +0530 Thu, 28 Jan 2010 10:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25339 A certificate for appeal to the Supreme Court was warranted where interpretation of a tax provision had produced conflicting High Court views and raised a substantial question of law of general importance. The controversy concerned the applicability of Section 40(b) to interest paid to a partner in a representative capacity. Because the divergence required authoritative settlement and the statutory condition for certification under Section 261 was met, the certificate was granted. Case-Laws Income Tax Sat, 25 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25339