IN THE SUPREME COURT OF INDIA
1. These appeals are brought by certificate from the judgment of the Bombay High Court dated March 2, 1966 in Income Tax Reference No. 73 of 1962.
2. The appellant company, hereinafter called the assessee company, was incorporated on July 29, 1924, as an investment company, the objects of which are set out in Clause III of the memorandum of association and more particularly in Sub-clauses 1, 2, 15 and 16 of that clause. The assessm
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