1999 (2) TMI 25

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....the assessee, the following two questions of law have been referred to this court for opinion under section 256(1) of the Income-tax Act, 1961, in respect of the assessment year 197374 : "1. Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the gross dividend declared by the companies in Ceylon was chargeable to tax and not the net amount after d....

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....rough the order passed by the authorities below, we feel that this question pertains to daily allowance received by the assessee. In the circumstances, question No. 2 should be read as referring to daily allowance and not the travel allowance. In the present matter, the Tribunal has observed that the head office of Scindia Investments Private Limited, is situated at Bombay and the assessee is ordi....