Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1998 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1998 (3) TMI 114 - HC - Income TaxExtract: .......tween the real profits and the statutory profits, that is, between the commercial profits and the statutory profits, the latter were statutorily fixed for a specified purpose. The Supreme Court emphasized the fact that the amount returned is not a part of profit at all. We, therefore, answer the questions in the affirmative and against the Revenue.
|