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1960 (11) TMI 10 - SC - Income Tax
Whether on the facts and circumstances of the case, the business activities of the company to wit, manufacture and sale of sugar and sale and purchase of gunnies, jute, mustard seeds constituted the same business within the meaning of section 24(2) of the Indian Income-tax Act, 1922 ?
Held that:- A question of law did arise in the case, on which the High Court should have asked for a statement of the case. Appeal allowed and direct the High Court to call for a statement of the case from the Tribunal on this question, and dispose of it, according to law.