Assam Railways and Trading Co Ltd v The Commissioners Of Inland Revenue

Subject Matter

REVENUE — Income tax — English Company — Business carried on in India — United Kingdom Income Tax — Dominion Income Tax — Relief from United Kingdom Income Tax — “Part of Income” on which Dominion Income-Tax has been paid — Sums paid as Interest on Debentures — Profits of Tea Garden — Exemption in India — Chargeability in United Kingdom — Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), Sch. D, Case I. — Finance Act, 1920 (10 & 11 Geo. 5, c. 18), s. 27 — Finance Act, 1927 (17 & 18 Geo. 5, c. 10), s. 46, Sch. V, Part II, s. 2 — Royal Commission — Report — Statute adopting recommendations — Report inadmissible as guide to construction of Statute.