1992 (7) TMI 18

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d by S. A. HAKEEM J.-The Income-tax Appellate Tribunal has referred the following questions for the court's opinion under section 256(1) of the Income-tax Act, 1961 : " 1. Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the provision for accrued leave salary payable to the employees is an allowable revenue deduction in computing the total in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t question is not answered for the time being and is kept open. In regard to the second question, the matter is concluded by the Full Bench decision of this court in Mysore Kirloskar Ltd. v. CIT [1978] 114 ITR 443. Following the said decision, the second question is answered in the affirmative and against the Revenue. In so far as the third question is concerned, the matter is covered by the....