Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1980 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1980 (4) TMI 53 - BOMBAY HIGH COURTExtract: ....... the learned counsel for the assessee that since the compensation still remained to be recovered, the assessee should be deemed to be carrying on the business of life insurance. In the view which we have taken, the question referred to us must be answered in the negative and in favour of the revenue. The assessee to pay the costs of this reference.
|