1984 (12) TMI 14

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..... tion 256 (1) of the Income-tax Act, 1961. The question of law referred is: "Whether, on the facts and in the circumstances of the case, the Tribunal was correct in holding that the amount of Rs. 5,582 debited as a provision for the use of the right of Mrs. Margon Pinto, the ex-partner, was not an allowable deduction ?" The assessee is a firm. In the profit and loss account of the said firm, a s .....

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..... order of the Income-tax Officer. So too, the Tribunal, on further appeal. The question raised is whether Rs. 5,582 debited as a provision for the use of the right of Mrs. Margon Pinto, the ex-partner, was not an allowable deduction. On the facts found, the question could not have been raised at all. There was no use of the right of Mrs. Margon Pinto by the firm in the relevant year since there wa .....

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