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1931 (3) TMI 30 - PRIVY COUNCIL
Extract:
.......an Income Tax no allowance is deductible in respect of the half share of net profits payable by the Pondicherry Ry. Co. Ltd, to the French Colonial Government. 25. With these variations their Lordships will humbly advise His Majesty that the orders appealed from be affirmed and the appeal dismissed. The respondent will have his costs of the appeal.