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<h1>Court rules in favor of assessee on surtax assessment under Companies Surtax Act, 1964</h1> The High Court of Punjab and Haryana ruled in favor of the assessee regarding the framing of surtax assessment under the Companies (Profits) Surtax Act, ... Surtax The High Court of Punjab and Haryana ruled in favor of the assessee regarding the framing of surtax assessment under the Companies (Profits) Surtax Act, 1964. The court answered the questions referred in the negative, citing a previous judgment in a similar case. No costs were awarded in this reference.
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