Eskayef Now Known As Smithkline Beecham ... vs Commissioner Of Income Tax ...

The Supreme Court addressed the admissibility of surtax as a deduction in computing total income under the Income Tax Act, 1961, specifically referencing Section 37(3A). The Court held that the liability to pay surtax is not an admissible deduction, affirming the High Court's decision and the precedent set in Smith Kline and French (India) Ltd. v. Commissioner of Income Tax, 219 ITR 581. The appeal was dismissed in favor of the Revenue, with no costs awarded.