https://www.taxtmi.com/caselaws?id=49556 The Supreme Court upheld the High Court's decision, affirming that the third proviso to section 5 of the Business Profits Tax Act exempts only the income, profits, or gains of the Baroda business unless received or brought into India, and does not exclude the business itself. The appeal was dismissed with costs. en-us Thu, 28 Apr 1960 00:00:00 +0530 Sat, 09 Jul 2016 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49556 The Supreme Court upheld the High Court's decision, affirming that the third proviso to section 5 of the Business Profits Tax Act exempts only the income, profits, or gains of the Baroda business unless received or brought into India, and does not exclude the business itself. The appeal was dismissed with costs. Case-Laws Income Tax Thu, 28 Apr 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49556