Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1993 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (1) TMI 5 - BOMBAY HIGH COURTExtract: ....... the reasons which we have set out above, the Tribunal was correct in holding that the additional income-tax was payable on a portion of the total income determined with reference to excess dividends declared and paid out of profits exempted under section 80J of the Income-tax Act, 1961. The questions are answered accordingly. No order as to costs.
|