Income-tax Act-Section 23A-Company in which the public are not substantially interested-Control of the affairs of the Company-Meaning of

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....x<br>Circular Number: 44(LXXV_8) File Number: 4(47)-55/TEC Dated: 1-11-1955 Subject : Income-tax Act-Section 23A-Company in which the public are not substantially interested-Control of the affair....

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.... to be considered under paragraph (iii) of the Explanation. It is not possible to give a cut and dried definition of the expression "control of the affairs of a company". It is hwoever, not the same a....