Search Results Page

Search Results

1 - 10 of 14 (0.23 seconds)

C.R. Nagappa vs Commissioner Of Income-Tax, Mysore on 15 December, 1966

the total income of the previous year of every individual, Hindu undivided family, Company and local authority and of every firm and other association of persons or the partners of the firm or the members of the association individually was charged to tax for that year in accordance with, and subject to the provisions of the act at any rate or rates prescribed by the Finance Act. "Total income" was defined in s. 2(15) as meaning "total amount of income, profits and gains referred to in sub-s. (1) of section 4 computed in the manner laid down in this Act." Section 4(1) set out the method of computation of total income : it enacted (1) Subject to the provisions of this Act, the total income of any previous year of any person includes all income, profits and gains from whatever source derived which--
Karnataka High Court Cites 16 - Cited by 2 - Full Document
1   2 Next