(1.) THIS is a reference under Section 66 (1) of the Indian Income-tax Act, 1922, and the questions, which under order of this Court of March 29, 1945, have been submitted by the Tribunal, are these:
(2.) SECTION 23A creates what might be described as an artificial income. It is as follows:-
(3.) SECTION 21 of the Indian Companies Act, 1913, is the section which makes the memorandum and articles of association of a company the contract between the company and its shareholders and it is as follows:-