The Income tax Appellate Tribunal however, on second appeal filed by the respondent, found in favour of the respondent and held that the item was admissible as a deduction.
S. Pathak, J. This appeal by special leave is directed against the judgment of the Delhi High Court declining to call for a reference from the Income tax Appellate Tribunal.
In the assessment proceedings for the assessment year 1972 73, the respondent claimed a deduction in the companyputation of its income from business on account of provision for gratuity in the sum of Rs.
