Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1955 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1955 (1) TMI 43 - HC - Income TaxExtract: .......e stamped with the character of income. The argument of Mr. Mazumdar to the contrary must be rejected as unsound. For these reasons, in addition to those stated by my learned brother, I agree that the question referred to the High Court must be answered in favour of the Income-tax Department and against the assessee. Reference answered accordingly.
|