TMI Blog2002 (4) TMI 47X X X X Extracts X X X X X X X X Extracts X X X X ..... of this court "(i) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in allowing weighted deduction on bank interest on packing credit? (ii) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in allowing the assessee's claim for leave with wages, ignoring the fact that this was not an ascertained liabilit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing services or facilities outside India. In the present case, nothing has been pointed out by counsel to show that the loan advanced by the bank was for the performance of any service or supply of goods or for the execution of a contract outside India. The payment is not shown to have been made for any service rendered beyond the limits of this country. In view of this factual position, the ingre ..... X X X X Extracts X X X X X X X X Extracts X X X X
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