The Law Reports (King's Bench Division)
[1933] 2 KB 576
[COURT OF APPEAL]
ASSAM RAILWAYS & TRADING COMPANY, LIMITED
v.
COMMISSIONERS OF INLAND REVENUE.
1933 July 7,
10,
11.
LORD HANWORTH M.R., LAWRENCE and SLESSER L.JJ.
Revenue
— Income Tax
— English Company
— Business carried on in India
— Debentures
— Interest thereon
— Deduction allowed by Indian Law in estimating Profits
— Assessment in England
— Deduction of Debenture Interest not allowed
— Claim to have paid Indian Tax on whole Income
— Claim to Relief
—
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), Case I., Sch. D
—
Finance Act, 1920 (10 & 11 Geo. 5, c. 18), s. 27.