CIT vs R.M. Chidambaram Pillai (SC) – 1977 AIR 489

Supreme Court of India Commissioner Of Income-Tax, Madras Vs. R.M. Chidambaram Pillai Etc. Date Of Judgment- 17/11/1976 Bench: Krishnaiyer, V.R. Khanna, Hans Raj Citation: 1977 AIR 489, 1977 SCR(2)111, 1977 SCC(1)431  ACT: Income Tax Act, 1922–S. 16(1)(b)–Income Tax Rules 922–r. 24 Scope of– Assessees partners in firms owning tea estates Salary paid to partners If whole salary exigible to tax. HEADNOTE: Rule 24 of the Income Tax Rules, 1922 states that income derived from the sale of tea grown and manufactured by the seller shall be computed as if it w...