TIRUPATI TRADING CO Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) On three reference applications, the Tribunal has referred the tallowing questions in Reference No. 119 of 1992, Reference No. 121 of 1992 and Matter No. 2324 of 1992, for the opinion of this court :

(2.) (c) Whether, on the facts and in the circumstances of the case and in view of the provisions of Section 40A(3) read with Rule 6DD of the Income-tax Rules, the Tribunal was justified in confirming the addition of Rs..94,506 representing payment made by the assessee-firm to Dharam Roadways ?

(3.) (f) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in confirming the disallowance including claim for weighted deduction in respect of foreign travel expenses of Rs. 1,08,381 incurred under blanket permits for export promotion issued by the Reserve Bank of India and claimed as deductible under Section 37 read with Section 35B and Rule 6D(l)(i) of the Income-tax Rules, 1962 ?