TMI Blog1996 (2) TMI 12X X X X Extracts X X X X X X X X Extracts X X X X ..... from tax inasmuch as the said sum was paid out of dividends received by the trusts, which were exempt from tax u/s 80K - first question is answered in favour of revenue and second question is remitted back to the High Court - - - - - Dated:- 8-2-1996 - J. S. VERMA. and K. VENKATASWAMI. ORDER Two questions of law arising out of the Tribunal's order were referred under section 256(1) of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stion in the affirmative in favour of the assessee. As a consequence of its answer to question No. 1, the High Court by the impugned judgment dated March 1, 1978, did not answer question No. 2 stating that the answer to it was not necessary. This appeal by special leave is against that judgment. The decision which was relied on by the High Court in answering the above quoted first question in fa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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