https://www.taxtmi.com/caselaws?id=277440 Royalty received by a coal mine proprietor was treated as part of the mine's annual net profits for cess under Bengal Act IX of 1880. Reading Sections 6, 72, 76, 80 and 81 together, the expression "annual net profits" was construed to mean the profits of the property as a whole, not merely the profits of the person working the mine. The statutory return functioned only as a method of ascertaining those profits, and royalty receipts did not fall outside the profits attributable to the mine. Accordingly, such royalty was validly included in the cess assessment. en-us Wed, 14 Dec 1910 00:00:00 +0530 Tue, 04 Dec 2018 12:18:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277440 Royalty received by a coal mine proprietor was treated as part of the mine's annual net profits for cess under Bengal Act IX of 1880. Reading Sections 6, 72, 76, 80 and 81 together, the expression "annual net profits" was construed to mean the profits of the property as a whole, not merely the profits of the person working the mine. The statutory return functioned only as a method of ascertaining those profits, and royalty receipts did not fall outside the profits attributable to the mine. Accordingly, such royalty was validly included in the cess assessment. Case-Laws Indian Laws Wed, 14 Dec 1910 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277440