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COMMISSIONER OF INCOME-TAX versus BANQUE NATIONALE DE PARIS


Company Super Profit Tax Chargeable Profit deduction Non-dependent company which has not made profit payment arrangements in India Interest on Government Securities, Income Tax Act is Profit under Securities on Total Interest (C), Total (vi), Riot total (X) of Schedule I to R1, which is obtained by a non-resident Income Indian Super Profit Tax Act, 1963, Schedule I, R1, Cls (vi) and (x) of the Indian Income Tax Act, 1961, section. 14

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