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In calculation of allowable remuneration Profit means profit as per P/L a/c
Case Law Details
- Case Name
- Md. Serajuddin & Brothers Vs. Commissioner of Income Tax (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
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HIGH COURT AT CALCUTTA
I.T.A. No.201 of 2003
Md. Serajuddin & Brothers
Vs.
Commissioner of Income Tax
Judgment on: 17.5.2012.
K.J. Sengupta, J.:-
The instant appeal has been preferred against the judgment and order dated 28th February, 2003 of the learned Tribunal for the assessment years 1995-96 to 1998-99. The above appeal was admitted by an order of this Court dated 17th November, 2003 on the following substantial questions of law:-
(i) Whether the Tribunal was justified in law in dismissing the appellant’s appeal for the assessment years 1995-96 to 1998-99 without affording to it rea...






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