Ref. to High court Patna – Sec 66(3) Royalty received by assesses from coal mines – sum kept in on suspense account – whether assessable to income – tax – High courts ruling treat the so called suspense account was not really a suspense account was not really a suspense account was not really a suspense account in its true sense and that the assesses received the sum as his income & it was mixed up with other sums to his credit in the Bank – Payment of Royalty to the account of ten assessed in the Bank at the request ----Maharaja Kamakhaya Naram Singh of Rangarh.

Ministry/ Department/ Residency Central Board of Revenue
Branch Income Tax,Part-IV
From Year / Date
(YYYY-MM-DD)
1941
To Year / Date
(YYYY-MM-DD)
1941
Identifier PR_750000050518
File No./Reference No./Sheet No./Folio No. R. Dis. 45(21)- I.T.
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