It is unnecessary to state the details about the profits which the assessee made during the relevant assessment years 1951 52, 1952 53 1953 54.
Appeals from the judgment and order dated December 17, 1963 of the Mysore High Court in I.T.R.C. Nos.
K. Daphtary, Attorney General, V.A. Seyid Muhammad, R.N. Sachthey and B.D. Sharma, for the appellant in all the appeals .
Pursuant to the letter of credit opened by the Burma Teak Trading Co. Ltd., Colombo, which was the purchaser, payments were made by the aforesaid bank to the assessee.
CIVIL APPELLATE JURISDICTION Civil Appeal Nos.
T. Desai, Bhuvanesh Kumari and Ravinder Narain, for the respondent in all the appeals .
The Judgment of the Court was delivered by Grover, J. These appeals are by certificate from the companymon judgment of the Mysore High Court on the following questions of law which were referred by the Income tax Appellate Tribunal under s. 66 1 of the Income tax Act, 1922, hereinafter called the Act.
The bills of lading were obtained by the assessees representative at Beypore and sent to Bangalore where the hundis together with the invoices and shipping documents were handed over by the assessee to the Indian Overseas Bank Ltd., Bangalore.
1 Whether, on the facts and circumstances of the case, the income of the assessee did number arise in Bangalore Mysore State in respect of sales effected by the assessee to the Burma Teak Trading Co., Ltd., Colombo ?
If the answer to.
1769 to 1771 of 1967.
6 of 1959 and 3 of 1960.
engage vessels.
and 3 Whether, on the facts and circumstances of the case, the apportionment of profits of business is called for pursuant to assessees trading activities in Bangalore Mysore State ?
