https://www.taxtmi.com/caselaws?id=195194 Local rates imposed on the annual output of coal and on annual despatches of coal and coke were not deductible as land revenue, local rates or municipal taxes under section 10(2)(viii) of the Indian Income-tax Act, 1922, because that provision was confined to levies in respect of premises used for business and not to charges measured by mine output or despatches. They were, however, deductible under section 10(2)(ix) as working expenses necessarily incident to carrying on the coal business, since they had to be borne before profits could be ascertained and need not be voluntary if commercially incurred solely to earn business profits. The deductions were therefore allowable in computing taxable business income. en-us Fri, 21 Dec 1923 00:00:00 +0530 Wed, 18 Oct 2017 14:26:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195194 Local rates imposed on the annual output of coal and on annual despatches of coal and coke were not deductible as land revenue, local rates or municipal taxes under section 10(2)(viii) of the Indian Income-tax Act, 1922, because that provision was confined to levies in respect of premises used for business and not to charges measured by mine output or despatches. They were, however, deductible under section 10(2)(ix) as working expenses necessarily incident to carrying on the coal business, since they had to be borne before profits could be ascertained and need not be voluntary if commercially incurred solely to earn business profits. The deductions were therefore allowable in computing taxable business income. Case-Laws Income Tax Fri, 21 Dec 1923 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195194