Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1972 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1972 (6) TMI 3 - MADRAS HIGH COURTAssessee is a firm of four partners carrying on business in Ceylon in pawn-broking and money-lending. All the four partners are residing in India – firm appointed a power of attorney to act as agent to conduct business in Ceylon. There was no evidence of control or management - Whether Tribunal was right in law in holding that the assessee should be assessed as a 'non-resident' - since there was no evidence that the assessee in any way controlled the business, it was liable to be assessed as a non-resident – question is answered in affirmative and against the revenue
|