9911796707
TMI Blog1984 (6) TMI 21X X X X Extracts X X X X X X X X Extracts X X X X ..... 1961, for direction to the Income-tax Appellate Tribunal, Indore Bench, to send the statement of the case and refer the following question of law to this court for its opinion: " Whether, on the facts and in the circumstances of the case, the ITAT was correct in law in allowing deduction of the commission paid to the four directors ? " The short facts giving rise to this petition and relevant fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall be divided amongst the directors in proportion to their shareholdings, allowed the claim in respect of this amount by setting aside the order of the ITO as also the CIT (Appeals). According to the learned counsel for the Revenue, as four of the directors of the respondent-company resigned just four days before the expiry of the period of the accounting year in whose place two directors wer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... posed by the Revenue on the ground that it being a question of fact, no question of law arises. After hearing the learned counsel, we are of the opinion that considering the facts and circumstances of the case, no question of law as such is involved in the present case. Therefore, we see no valid ground to entertain this petition by calling upon the Tribunal to send the statement of the case and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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