1990 (2) TMI 24 - HC - Income Tax

Summary

The High Court of Delhi directed the Tribunal to refer a question of law regarding the allowance of a claim for leave encashment by an assessee for the assessment year 1983-84. The Tribunal allowed the claim, but the petitioner argued it was a contingent liability. The Court noted a conflicting decision by the Calcutta High Court and directed the Tribunal to refer the question of law. (Case citation: 1990 (2) TMI 24 - DELHI High Court)