Supreme Court · 1958 INSC 75 · Decided 3 October 1958
The Commissioner of Income-Tax, Nelhi v. The Delhi Flour Mills CO., LTD., Delhi
- Court
- Supreme Court of India
- Citation
- 1958 INSC 75 · [1959] SUPP. 1 S.C.R. 28
- Case number
- CIVIL APPEAL No. 211/1955
- Decided
- 3 October 1958
- Bench
- T.L. VENKATARAMA AIYYAR, P.B. GAJENDRAGADKAR, A.K. SARKAR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
COURT REPORTS (1959) Supp. r95x THE COMMISSIONER OF INCOME-TAX, nELHI r... October .1. v. THE ])ELHI FLOUR MILLS CO., LTD., DELHI (VENKA'fARAMA AIYAR, GAJENDRAGADRAR and A. K. SARKAR JJ.) J~xcess 1-'rofits-Assesstn4!nt-Asse.ssee company's agreement ;.·ith 1na1taging age11ts-Cornmissio11 on agents the company should pay to the firm remuneration at Rs. 750/- p.m ............. and in addition a comn1ission equal to 10~~ of the annual net profits. Such net profits will he arrived at after allowing the working expenses, interest on Joans and due depreciation, but without setting
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)