Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1955 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1955 (5) TMI 19 - HC - Income TaxExtract: ....... reasons, I would declare (1) that the emoluments received by Shil Chandra as treasurer of the bank are assessable under the head "Profits and gains of business" and (2) that Shil Chandra's emoluments as treasurer were rightly assessed in the hands of the Hindu undivided family of which he is the karta. Reference answered accordingly.
|