https://www.taxtmi.com/caselaws?id=21499 The court discharged the rule without costs, as the question regarding the classification of funds as reserves for capital computation under the Companies (Profits) Surtax Act, 1964, was deemed redundant based on previous rulings and clear criteria. The judgment clarified distinctions between different types of funds, including reserves under the Drugs Order (Price Control), provisions for contingencies, and provisions for depreciation, for assessing the company's capital. en-us Thu, 23 Aug 1990 00:00:00 +0530 Wed, 25 Nov 2009 10:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21499 The court discharged the rule without costs, as the question regarding the classification of funds as reserves for capital computation under the Companies (Profits) Surtax Act, 1964, was deemed redundant based on previous rulings and clear criteria. The judgment clarified distinctions between different types of funds, including reserves under the Drugs Order (Price Control), provisions for contingencies, and provisions for depreciation, for assessing the company's capital. Case-Laws Income Tax Thu, 23 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21499