The following table sets out the distributions made by the liquidator: Assessment Year Distribution Date of Amount distribution distributed Rs. Rs. 1953 54 60 09 9 1952 15,00,000 Do 90 25 9 1952 2,25,000 1954 55 60 10 11 1952 1,50,000 Do 30 6 5 1953 75,000 Do 30 23 2 1953 75,000 1955 56 80 10 11 1953 2,00,000 Out of the distribution made on September 9, 1952, the Income tax Officer brought, in the assessment year 1953 54, to tax Rs. 52,400 779 as "dividend" within the meaning of section 2(6A)(c) of the Income tax Act, 1922, as it then stood.