1995 (2) TMI 20

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , on the facts and in the circumstances of the case, the Tribunal was right in disallowing a sum of Rs. 60,000 during 1977-78 and Rs. 55,000 during 1978-79 as representing the pension paid to the widow of Anantharamakrishnan in computing the income of the assessee-company The assessee is a company whose shares were held by the estate of the late S. Anantharamakrishnan. The assessee-company paid .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Income-tax Officer. On further appeal, the Tribunal confirmed the disallowance made by the authorities below. A similar question came up for consideration in the case of Amalgamations(P.) Ltd. v. CIT [1995] 214 ITR 396 (Mad) in Tax Cases Nos. 1109, 1110 and 1180 of 1979 for the assessment years 1969-70 to 1971-72 to which one of us was a party (Thanikkachalam J.), wherein by order dated August .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X