Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1975 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1975 (7) TMI 8 - MADRAS HIGH COURTExtract: .......of the estate under section 10. We accordingly answer the reference as follows. The sum of Rs. 43,800 was liable to be included in the principal value of the business but the sum of Rs. 65,000 was not liable to be included in the principal value of the estate. As neither side succeeded in the reference, the parties will bear their respective costs.
|