1990 (12) TMI 68

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....br>Income Tax<br>Company, Surtax<br>Judge(s) : V. N. MEHROTRA., B. P. JEEVAN REDDY JUDGMENT The Judgment of the Court was delivered by B. P. JEEVAN REDDY C. J. -Under section 256 (1) of the Income....

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....of the assessee in computing the chargeable profits in accordance with clause (viii) of rule 1 of the First Schedule to the Companies (Profits) Surtax Act, 1964 ?" It is stated by counsel for the Rev....