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2002 (6) TMI 586

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....RENCE NOS. 52, 53, 227, 228 TO 230 OF 1997 - -<br>Income Tax<br>-<br>S. SANKARASUBBAN AND K. PADMANABHAN NAIR, JJ. For The Appellant : C. Kochunny Nair and Dale P. Kurien For The Respondent : P.K.R.....

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....s stated thus : Net profits in profit and loss account prepared in accordance with Parts II and III of Schedule VI to the Companies Act - Accounts scrutinised and certified by statutory auditors - As....