COMMISSIONER OF INCOME-TAX versus RAM KUMAR AGGARWAL AND BROS.
Capital or Revenue Receipt in Shares Dealers Deferred from the Company's stock as a stock in the trade of shares, which the recipient receives is estimated by the Indian Companies Act 1956, Sections 511 Indian Income Tax Act, Sections 2 (22) and 4 Tax collection is taxed. CIT v. Ram, Kumar Agarwala and Bruce (1977) 108 ITR 457 overturned on this point]
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