https://www.taxtmi.com/caselaws?id=28497 For section 23A(1) computations, commercial profits and distributable surplus must be determined by deducting the tax actually assessed when the order is made, if the assessment had already been completed; a later reduction in quantum appeal does not alter that calculation. The assessment then in force governs the Income-tax Officer's working, and actual assessed tax, not estimated tax, is the proper deduction in such cases. The burden remains on the Income-tax Officer to establish larger commercial profits available for distribution, and the assessment order alone is not conclusive. en-us Wed, 07 Apr 1982 00:00:00 +0530 Tue, 23 Feb 2010 11:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28497 For section 23A(1) computations, commercial profits and distributable surplus must be determined by deducting the tax actually assessed when the order is made, if the assessment had already been completed; a later reduction in quantum appeal does not alter that calculation. The assessment then in force governs the Income-tax Officer's working, and actual assessed tax, not estimated tax, is the proper deduction in such cases. The burden remains on the Income-tax Officer to establish larger commercial profits available for distribution, and the assessment order alone is not conclusive. Case-Laws Income Tax Wed, 07 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28497