1997 (2) TMI 61

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....the Tribunal referred the following question for the opinion of this court under section 18 of the Companies (Profits) Surtax Act, 1964, read with section 256(1) of the Income-tax Act, 1961 : "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the dividends declared subsequent to the first day of the accounting year should not be reduced f....