9911796707
TMI Blog1970 (11) TMI 28X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 as reduced by the amount of income brought into British India out of the past State profits, viz., Rs. 27,229 (CC), i.e., the super-tax on Rs. 50,066 (AA + BB) which amounts to Rs. 3,762-6-0 multiplied by the fraction 77295/50066. The super-tax payable by the assessee, applying the provisions of section 17(4) alone would, therefore, be Rs. 5,859. But the total income of the assessee in this case also included Rs. 27,436 (BB), income which accrued to the assessee in Indian States during the relevant assessment year and exempt from income-tax or super-tax accord ing to section 14(2)(c). Therefore, applying the provisions of section 17(3), the super-tax payable by the assessee would be further reduced as follows : Rs. 5,859 (being the figur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat the point of controversy may be made more clear in terms of the different provisions of law having bearing on the subject. We order accordingly." Thereafter, the supplementary statement of the case was submitted by the Tribunal and that is how the matter has been placed before us. On the main facts there is no dispute. The assessee is a Hindu undivided family carrying on timber business. It does work in the name and style of M/s. Baishno Das Kishori Lal Bhalla at Beas, Phillaur and Abdullapur. Formerly these places were in British India. They also carry on their business at Dhilwan and Doraha. Both these places were situate in the different Indian States. Their head office was at Phillaur in British India. The total income of the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as part of the total income of an assessee for the purpose of determining the income-tax or super-tax payable by him is in a subsequent year brought into or received in the taxable territories by the assessee and becomes chargeable with tax accordingly, the tax including super-tax payable by the assessee on his total income of that subsequent year shall be (a) the amount which bears to the total amount of the tax including super-tax which would have been payable on his total income as reduced by the amount of the income so brought into or received in the taxable territories had such reduced income been his total income the same proportion as his total income bears to such reduced income, or. ...." The principal question before us is wheth ..... X X X X Extracts X X X X X X X X Extracts X X X X
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