TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Terminal Allowance Not Excluded from Profits for Surtax</h1> <h3>Commissioner Of Income-Tax Versus Bush Boake Allen (India) Limited</h3> Commissioner Of Income-Tax Versus Bush Boake Allen (India) Limited - [1994] 208 ITR 324 The High Court of Madras ruled on two questions regarding surtax assessment for the year 1976-77. The first question was answered in the affirmative based on a Supreme Court decision. The second question was also answered in the affirmative, stating that terminal allowance under section 32(1)(iii) should not be excluded from chargeable profits for surtax purposes.
TaxTMI 