2001 (7) TMI 88

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..... court for its opinion under the provisions of section 256(1) of the Income-tax Act, 1961 (hereinafter referred to as "the Act"), by the Income-tax Appellate Tribunal, Ahmedabad Bench "A": "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in allowing deduction of Rs.5,000 to the assessee under section 80VV of the Income-tax Act, 1961, even though no paymen .....

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..... aggrieved by the order passed in appeal, the Revenue had filed an appeal before the Tribunal. The appeal was dismissed. It is not necessary that the expenditure incurred by the assessee must be actually paid unless, the assessee is following the cash system of accounting. It is not the case here that the assessee was following the cash system of accounting and, therefore, the expenditure could .....

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