Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1981 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1981 (12) TMI 51 - ITAT CALCUTTAExtract: .......ed to above. This further strengthens our viewpoint that as section 164 existed prior to the amendment what is relevant to be seen is the position as at the end of the accounting year. 13. In the result, therefore, the assessee is not liable to be taxed at the maximum rate under section 164. The appeal filed by the revenue is accordingly dismissed.
|