1976 (8) TMI 46

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....--These petitions under section 256(2) of the Income-tax Act, 1961, by the Commissioner of Income-tax (Central), Madras, are for a direction to the Income-tax Appellate Tribunal, Bangalore Bench, to state a case and refer the following questions of law said to arise out of the order of the Tribunal made in R. As. Nos. 180 to 183/Bang/1974-75 dated 4th October, 1974 : " 1. Whether, on the facts ....

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.... disallowed. The said orders of rectification were reversed on appeal by the Appellate Assistant Commissioner. The orders of the Appellate Assistant Commissioner were affirmed by the Tribunal. The Tribunal, in paragraph 4 of its order, has stated that the Income-tax Officer had also accepted the declaration made by the partner, Shri Naraindas Moolchand, to the effect that the interest paid by the ....