RAMPUR DISTILLERY AND CHEMICALS CO. LTD. versus COMMISSIONER OF INCOME-TAX
The distribution of the shares held by the company to the shareholders was unconditionally entrusted to the shareholders in 1952 for distribution to the trust. By the shareholders when the shares became unconditionally available by transfer to the trustees for distribution to the shareholders in 1952 and the Income Tax Act, 1922, section 16 (2).
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
