Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1968 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1968 (9) TMI 33 - MADRAS HIGH COURTSuper-tax levied on the profits withheld by the assessee in excess of the permissible limits under section 23A - whether a sum donated by the assessee-company to Nachimuthu Industrial Association would form part of the total income, and if so, whether distribution of a larger dividend than that declared would be unreasonable - donations to charity by the assessee-company can not be regarded as proper outgoing eligible for deduction
|