https://www.taxtmi.com/caselaws?id=49359 The Supreme Court upheld the High Court's decision, ruling that the amendment to the second proviso to section 10(2)(vii) did not change the requirement that the business must have been conducted during the accounting year and the machinery used in that business. The appeal was dismissed with costs. en-us Thu, 08 Oct 1964 00:00:00 +0530 Thu, 29 Oct 2015 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49359 The Supreme Court upheld the High Court's decision, ruling that the amendment to the second proviso to section 10(2)(vii) did not change the requirement that the business must have been conducted during the accounting year and the machinery used in that business. The appeal was dismissed with costs. Case-Laws Income Tax Thu, 08 Oct 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49359