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The Premier Construction Co., Ltd. vs The Commissioner Of Income-Tax on 28 June, 1948

In Premier Construction Co., Ltd. v. Commissioner of Income Tax, Bombay City (2), it was held by the Privy Council that income received by an assessee not itself of a character to fall within the definition of agricultural income does not assume the character of agricultural income by reason of the source from which it is derived, or the method by which it is calculated. But if the income received falls within (1) (1943) L.R. 70 I.A. 14.
Bombay High Court Cites 7 - Cited by 11 - Full Document
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