https://www.taxtmi.com/caselaws?id=190810 The High Court held that the second proviso to section 10(2)(vii) does not apply in computing the income, profits, and gains of an assessee under section 12. The Court ruled in favor of the assessee, entitling them to the costs of the reference, with counsel's fee set at Rs. 150. en-us Tue, 13 Mar 1962 00:00:00 +0530 Tue, 28 Feb 2017 17:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190810 The High Court held that the second proviso to section 10(2)(vii) does not apply in computing the income, profits, and gains of an assessee under section 12. The Court ruled in favor of the assessee, entitling them to the costs of the reference, with counsel's fee set at Rs. 150. Case-Laws Income Tax Tue, 13 Mar 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190810