1999 (3) TMI 16

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....79-80 to 1981-82. The question itself indicates the relevant facts. It reads thus : "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is correct in law in holding that the premia paid by the assessee on behalf of the employee-director formed part of 'salary' and allowable as deduction from computing the assessable income of the company and not....