Sec. 28(iiib)

Sec. 28(iiib)

Allahabad H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was legally right in deleting the addition of Rs. 3,29,328 made on account of cash assistance under s. 28(iv) disregarding the provisions of s. 2(24)(va) along with s. 10(3)(ii) of the IT Act, 1961, and Board’s Circular No. 1690, dt. 11th Feb., 1986?

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High Court Of Allahabad CIT vs. Raman Iron Foundry & Steel Rolling Mills Section 28(iiib) Asst. Year 1982-83 R.K. Agrawal

Sec. 28(iiib), Sec. 28(iiic), Section 80HHC

Allahabad H.C : Whether on a true and correct interpretation of s. 10(17A) and also in view of the provisions contained in the ‘charging sections’ under the IT Act, 1961, the Tribunal was legally correct in holding that the ‘cash incentive’ amounting to Rs. 7,45,258 constituted taxable income in the hands of the assessee ?

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High Court Of Allahabad Khan International Exports (P) Ltd. vs. CIT Sections 28(iiib), 28(iiic), 80HHC Asst. Year 1983-84 R.K. Agrawal

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