1988 (12) TMI 66

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Full Text of the Document

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..... -The two questions of law referred for the opinion of this court are : "(1) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal erred in law in holding that under rule 1 (viii) of the First Schedule to the Companies (Profits) Surtax Act, 1964, the gross dividend and not the net dividend which actually formed part of the total income of the assessee wa....