Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1967 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1967 (2) TMI 29 - HC - Income TaxAmount received in one lump by the assessee from the Bombay firm along with their account statements, and was straightaway credited in one lump to the individual capital account in the name of the assessee in the books of account - books of account are books maintained in connection with the family money-lending business - assessability - not assessable as profit in the hands of the HUF
|