Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1950 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1950 (1) TMI 8 - HC - Income TaxExtract: ....... say such portion as the Income-tax Officer thinks just and reasonable in the circumstances of the case, is attributable to the purchase of cotton made in British India by the agents of the assessee and such profits could be apportioned under Section 42(3) of the Act. The second question also is answered in the affirmative and against the assessee.
|