2012 (11) TMI 676

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on of taxable income for the assessment year 1990-91 for the purpose of section 115 J of the Income Tax Act? - held that:- revenue could not satisfy that because of this decision of I.T.A.T. there will be any variation in the tax effect. - Therefore, there is no need to answer this question and the appeal is liable to be dismissed because it is not affecting the revenue in any manner. - Decided ag .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 98/- to the assessee in respect of claim of guest house expenses for the assessment year 1990-91?" (3) "Whether on the facts and in the circumstances of the case, the Tribunal was justified to hold that provision for wages of Rs. 48,19,00,000/- should be set off against the income for assessment year 1989-90 for computation of taxable income for the assessment year 1990-91 for the purpose of sect .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in the light of decision given in Tax Appeal No. 14 of 1999(R) dated 13thth June, 2012. 5. The question No. 3 is with respect to the provision for wages and its set off against the income for the assessment year 1989-90. Admittedly, as per the order passed by the I.T.A.T., Patna Bench, Patna, which is the impugned order, in para 4 it has been mentioned that so far as wage liability disallowance i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X