2002 (1) TMI 1304

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..... 1961 ( the Act ), the Tribunal has referred the following questions for the opinion of this Court : 1. Whether, on the facts and in the circumstances of the case, the expenditure incurred by the assessee on the preparation of the income-tax returns is an ependiture laid out wholly and exclusively for the purpose of the business of the assessee and so is allowable under section 37(1) of the I .....

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..... The expenditure which was paid to the Chartered Accountant for filing the return was disallowed by the Tribunal, against that the assessee preferred the reference application and the amount incurred on the customers has been allowed by the Tribunal, against that the reference application has been preferred by the department. 3. Heard the learned counsels for the parties. Considering the submis .....

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