1991 (6) TMI 69

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er to this court by the Income-tax Appellate Tribunal, Cuttack Bench : "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the interest of Rs. 1,99,109 awarded by the arbitrator is not exigible to tax being in the nature of ex gratia payment but forming an integral part of the award money of Rs. 4,31,107 out of which Rs. 2,32,000 is decided to be ....