https://www.taxtmi.com/caselaws?id=192450 Business profits tax paid in Burma was treated as non-deductible in computing Indian taxable income because a tax on profits is ordinarily a payment out of profits after they are earned, not an outgoing laid out wholly and exclusively for the purposes of the trade. The text also states that foreign law must be proved as a fact, and no material was available to establish the incidence or effect of the Burma statute. The principle of diversion at source did not apply, since the assessee remained assessable on world income and the foreign tax was not a pre-receipt diversion of income. en-us Tue, 13 Feb 1962 00:00:00 +0530 Thu, 01 Jun 2017 16:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192450 Business profits tax paid in Burma was treated as non-deductible in computing Indian taxable income because a tax on profits is ordinarily a payment out of profits after they are earned, not an outgoing laid out wholly and exclusively for the purposes of the trade. The text also states that foreign law must be proved as a fact, and no material was available to establish the incidence or effect of the Burma statute. The principle of diversion at source did not apply, since the assessee remained assessable on world income and the foreign tax was not a pre-receipt diversion of income. Case-Laws Income Tax Tue, 13 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192450