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1928 (1) TMI 1 - CALCUTTA HIGH COURT
Extract:
.......hem, but the Act does not regard such income as profits of investment. In my opinion, the Income-tax Commissioner was right and we should answer the question which he has put to us that the assessees are to be assessed under Section 9 of the Act. The assessees must pay the costs of the reference. C.C. Ghose, J. 13. I agree. Mukerji, J. 14. I agree.