1975 (4) TMI 7 - KERALA HIGH COURT

Extract:
.......l of income which is liable to income-tax. In the result, we answer the question referred to us in the affirmative, that is, in favour of the department and against the assessee. No costs. A copy of this judgment under the seal of the High Court and the signature of the Registrar will be forwarded to the Income-tax Appellate Tribunal, Cochin Bench.