https://www.taxtmi.com/caselaws?id=277387 The Privy Council affirmed the Court of King's Bench's jurisdiction to determine the net profit for tax assessment and upheld the respondent's entitlement to an allowance for "manufacturing profit." The appellant's appeal was dismissed, and they were ordered to cover the respondent's appeal costs. en-us Wed, 12 Oct 1949 00:00:00 +0530 Mon, 03 Dec 2018 12:03:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277387 The Privy Council affirmed the Court of King's Bench's jurisdiction to determine the net profit for tax assessment and upheld the respondent's entitlement to an allowance for "manufacturing profit." The appellant's appeal was dismissed, and they were ordered to cover the respondent's appeal costs. Case-Laws Indian Laws Wed, 12 Oct 1949 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277387