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1998 (12) TMI 45 - MADRAS HIGH COURT
Extract:
........ v. CIT 1996 219 ITR 581, wherein it was held that the surtax paid by the assessee under the provisions of the Companies (Profits) Surtax Act, 1964, is not required to be deducted while computing the total income of the assessee under the Income-tax Act, 1961. This question is, therefore, answered in favour of the Revenue and against the assessee.