https://www.taxtmi.com/caselaws?id=49479 Notifications issued in 1931, 1932 and 1933 under the Holkar State industrial tax regime were treated as having legislative force because they were promulgated through the same rule-making machinery as the tax rules themselves. The notifications were not mere administrative directions; they operated as binding legal exposition of rule 3(2)(ix) and governed the computation of industrial profits. On that basis, the managing agents' commission on profits was not deductible under the Indore Industrial Tax Rules, 1927, and the tax assessments were upheld. en-us Mon, 17 Jul 1961 00:00:00 +0530 Fri, 29 Aug 2014 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49479 Notifications issued in 1931, 1932 and 1933 under the Holkar State industrial tax regime were treated as having legislative force because they were promulgated through the same rule-making machinery as the tax rules themselves. The notifications were not mere administrative directions; they operated as binding legal exposition of rule 3(2)(ix) and governed the computation of industrial profits. On that basis, the managing agents' commission on profits was not deductible under the Indore Industrial Tax Rules, 1927, and the tax assessments were upheld. Case-Laws Income Tax Mon, 17 Jul 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49479