This argument is based upon the following data collected from the published accounts of the assessee company: Year ended Profit Deprecia Net Divided tion Profit (tax free) (1) (2) (3) (4) (5) Rs. Rs. Rs. % 31st March 1947 . 60,186 8,665 51,521 9 31st March 1948 . 33,118 7,872 23,246 9 31st March 1949 . 31,581 7,475 24,106 6 31st March 1950 . 47,734 17,868 29,866 12 31st March 1951 . 71,888 17,726 54,162 6 31st March 1952 . 33,213 15,527 17,686 6 31st March 1953 . 69,550 15,410 54,140 6 In the accounts of the year to 31st March 1952 there are the following three items of expenditure: Rs. Transit charges . . 10,605 Legal Expenses . . 7,518 Gratuity to Managing Director . 10,000 28,123 Before comparing the figures given for the two periods, i.e., the period before March 1950 and the period thereafter, it is necessary to add back the said three items of expenditure totalling 817 Rs. 28,123/ to the net profit of the year ended with 31st March, 1952; if they were added, instead of Rs. 17,585/ , the profit would be Rs. 45,809/ .