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(1963) 1 MLJ 100 (Mad)
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Present : Mr. Justice Jagadisan and Mr. Justice Srinivasan
Case Number(s) : T.C. Nos. 107, 111 and 112 of 1960. Reference Nos. 26, 30 and 31 of 1960. (10th Sravana, 1884, Saka.)
Judgement Date :
Wednesday 01st of August 1962
| A. Veerappan, Pattamangalam and others | .....Appellant(s) | | Versus |  | | The Commissioner of Income-tax, Madras | .....Respondent(s) |
Income-tax Act (XI of 1922), sections 2 (5-A) & (6-4) and 12 — Sale of Mill by Company incorporated in Ceylon and distribution of sale-proceeds — Remittance by share-holder to India — If taxable as dividend or as profit otherwise than as dividend.

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