https://www.taxtmi.com/caselaws?id=24366 The High Court of Bombay held that only the provision for taxation amount utilized should be excluded from capital computation for the Companies (Profits) Surtax Act, 1964, following the Supreme Court precedent in Vazir Sultan Tobacco Co. Ltd. v. CIT [1981] 132 ITR 559 (SC). en-us Fri, 18 Nov 1988 00:00:00 +0530 Tue, 19 Jan 2010 15:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24366 The High Court of Bombay held that only the provision for taxation amount utilized should be excluded from capital computation for the Companies (Profits) Surtax Act, 1964, following the Supreme Court precedent in Vazir Sultan Tobacco Co. Ltd. v. CIT [1981] 132 ITR 559 (SC). Case-Laws Income Tax Fri, 18 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24366