1987 (8) TMI 163 - AT - Income Tax

Summary

The ITAT Madras-A upheld the order of the CIT (Appeals) regarding the computation of extra shift allowance for the assessment year 1980-81, based on a circular issued by the CBDT. The revenue's argument that the allowance should be computed with reference to each individual machine was rejected, citing the binding nature of the circular for simplifying procedures. The Tribunal found the circular to be valid despite contrary decisions by High Courts. The CBDT issued fresh instructions supporting the use of the circular for computation.