Turner Morrison & Co. Ltd. vs Commissioner Of Income Tax

Authority: Supreme Court Date: 1953-01-16 AY: 1943-44, 1944-45 Section: 5(2), 9(1)(i), 163 Acts: Indian Income Tax Act 1922, Excess Profits Tax Act Result: Revenue Citation: (1953) 23 ITR 152 (SC) Justices: Mehr Chand Mahajan, S.R. Das, Vivian Bose & N.H. Bhagwati, JJ. Appeal No: Civil Appeal No. 41 of 1952
Whether income from sale of salt in India by a non-resident foreign company through its agent is assessable as income received in India under Section 4(1)(a) of the Indian Income Tax Act 1922 --- Held Yes. Whether such income should instead be assessed under Section 42 (deemed accrual) --- Held No.

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