Case Laws Analysis Clarified after Controller of Estate Duty v. Smt. Ila Das & Ors. 1981 TaxPub(DT) 0832 (Cal-HC) Applied Mansa Ram & Sons v. CIT 1966 TaxPub(DT) 0155 (All-HC) Followed CIT v. Shantilal Punjabhai 1965 TaxPub(DT) 0188 (Guj-HC) Distinguished S.S. Gadgil v. Lal & Co. 1964 TaxPub(DT) 0340 (SC) Applied Rungta Engineering & Construction Co. Ltd. v. Income Tax Officer 1962 TaxPub(DT) 0023 (Cal-HC) Followed CIT v. R. B. L. Ishar Dass 1962 TaxPub(DT) 0011 (P&H-HC) Reversed Calcutta Discount Co. Ltd. v. Income Tax Officer & Anr. 1961 TaxPub(DT) 0130 (SC) Relied CIT v. Kozhikode Wyanad Motor Service Ltd. 1959 TaxPub(DT) 0120 (Ker-HC) Distinguished Janaba Muhamad Hussain Nachiar Ammal v. CIT 1956 TaxPub(DT) 0131 (Mad-HC) Dissented Kanumarlapudi Lakshminarayana Chetty & Ors. v. Additional Income Tax Officer 1956 TaxPub(DT) 0089 (AP-HC) Followed Baxiram Rodmal v. CIT 1956 TaxPub(DT) 0021 (Nag-HC) Dissented on Niranjanlal Ramballabh v. CIT 1953 TaxPub(DT) 0004 (Nag-HC) Reversed on Calcutta Discount Co. Ltd. v. Income Tax Officer & Anr. 1952 TaxPub(DT) 0081 (Cal-HC) Distinguished on Mishrimal Gulabchand of Beawar, In Re v. 1950 TaxPub(DT) 0027 (All-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers1953 TaxPub(DT) 0071 (Cal-HC) : (1953) 023 ITR 0471Income-Tax Officer, Companies District I, Calcutta & Anr v. Calcutta Discount Co., Ltd. SUBSCRIBE FOR FULL CONTENT