1993 (11) TMI 236

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....quot;(1) Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in holding that maintenance expenses incurred by the assessee on owned flats, would be covered by the provisions of s. 40A(5)/40(c) of the IT Act, 1961 ? (2) Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in holding that the commission paid to a directo....

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....that all the above questions are covered by decision of this Court and the decision of Supreme Court and they may be answered accordingly. 5. Having regard to the above statement we answer the questions as follows : 6. (a) Question No. 1 is covered by decision of this Court in the case of Lubrizol India Ltd. vs. CIT (1991) 187 ITR 25 (Bom), in favour of the Revenue. Following the same we answer ....