2005 (3) TMI 54

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....w under section 256(1) of the Income-tax Act, 1961, hereinafter referred to as "the Act", for opinion to this court: "1. Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the incentive bonus paid to the Development Officer of Life Insurance Corporation of India is not chargeable to tax under the head 'Salary'? 2. Whether, on the facts....