https://www.taxtmi.com/caselaws?id=290035 Foreign profits remitted directly from the Malacca branch to a creditor outside British India were not taxable under section 4(2) of the Indian Income Tax Act, 1922 because the decisive test was receipt in British India. The payment never reached British India, and a mere discharge of liability by payment abroad did not amount to receipt of income within the taxable territory. On that basis, the remitted sum could not be brought into total income in British India and was wrongly included in the assessee's assessment. en-us Thu, 01 Feb 1940 00:00:00 +0530 Sat, 05 Sep 2020 10:53:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290035 Foreign profits remitted directly from the Malacca branch to a creditor outside British India were not taxable under section 4(2) of the Indian Income Tax Act, 1922 because the decisive test was receipt in British India. The payment never reached British India, and a mere discharge of liability by payment abroad did not amount to receipt of income within the taxable territory. On that basis, the remitted sum could not be brought into total income in British India and was wrongly included in the assessee's assessment. Case-Laws Income Tax Thu, 01 Feb 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290035