2001 (9) TMI 48 - DELHI HIGH COURT

Extract:
....... for allowing a deduction under section 36(1)(iii) is much wider than the one available under section 57(iii). In view of the aforesaid position, the inevitable conclusion is that the Tribunal was justified in its conclusion. The second question is answered in favour of the assessee and against the Revenue. The reference is accordingly disposed of.