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1931 (12) TMI 13 - HIGH COURT OF MADRASExtract: .......aigon business and as such was liable to assessment to Income Tax. Under the circumstances the answer to the question referred must be that the 9,000 were a remittance from profits and not capital. Costs of the respondent ₹ 250. o p /o p pjudge Ramesam /pjudge , J. o p /o p 4. I agree. o p /o p pjudge Cornish /pjudge , J. o p /o p 5. I agree.
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