Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Supreme Court excludes gratuity from company's surtax capital calculation.</h1> The Supreme Court allowed the appeals, setting aside the High Court's decision. The provision for gratuity was excluded in computing the capital of the ... Surtax The Supreme Court allowed the appeals related to the inclusion of provision for gratuity in computing the capital of the assessee-company under the Companies (Profits) Surtax Act, 1964. The High Court's decision was set aside, and the question was answered in the negative, in favor of the Department and against the assessee.