2010 (12) TMI 57

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....e Tribunal Delhi, New Delhi (the Tribunal) for the assessment year 1987-88.   2. The Tribunal by its order has upheld the order of the Commissioner Income Tax (Appeals) dated 9.6.1994. They have held that the production incentive bonus paid by the assessee to to its employee is allowable deduction.   3. We have heard Sri AN Mahajan, counsel for the appellant.   4. This appe....