Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1955 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1955 (2) TMI 28 - BOMBAY HIGH COURTExtract: .......ion of the sum of ₹ 15,608 which constituted a notional or artificial income which was undoubtedly liable to tax but which can in no view of the case be looked upon from the commercial point of view as constituting the profits of the assessee company for the year in question. We, therefore, answer the question submitted to us in the negative.
|