|
|
 |
(1961) 2 MLJ 205 (Mad)
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Present : Mr. Justice Rajagopalan and Mr. Justice Ramachandra Iyer.
Case Number(s) : Case Referred No. 39 of 1955. (21st Phalguna, 1881, Saka.)
Judgement Date :
Friday 11th of March 1960
| Bharani Pictures, Madras | .....Appellant(s) | | Versus | | | The Commissioner of Income-tax, Madras | .....Respondent(s) |
Income-Tax Act (XI of 1922) — Business of film production — Agreement with another to produce film — Release of rights under agreement for consideration — Receipt of consideration — Whether capital receipt or revenue receipt — Tests — Restrictive covenants in the release and injury to profit-making asset — Apportionment of and levy of tax on a receipt of mixed consideration compounded of capital and revenue receipts.
Oops. Login required for Full Text of Judgment.
You are not Logged in. Kindly Login.
If you are a new user then Register.
|
|
 |
|
 |
