Judgment :- 1. The respondents in these appeals by the Commissioner, Mattancherry are certain shipping companies and the question is of the mode of assessment of their profession-tax. Admittedly, the only business that they transact within the municipality is the receipt of goods of shippers for transport in their ships to other places. According to the companies, the rule applicable to them is the R.18 (2) of the Taxation and Finance Rules, dated 21st Dhanu 1114 (5th January 1939) made under the Cochin Municipal Act, 18 of 1113, and therefore their incomes have to be deemed to be the prescribed percentage of the turnover of their respective businesses transacted within the area of the municipality, such turnover being the aggregate freight earned by each of them in the relevant half-year. The municipality contended that as the companies are not engaged in production, import, export, sale or any transaction akin to them, the freight each company earns is its receipts within the municipality, of which 1/6 should be deemed to be their pro fits assessable to profession tax and that the impugned assessments made on the above basis are correct. In the order under appeal, which is common to all the shipping companies, Vaidialingam J. upheld the stand taken by the companies. Hence these appeals. 2. The only charging provision relied on by the municipality as empowering them to make the assessments is R.18 of the Taxation and Finance Rules. Sub-rules (2) and (3) of that Rule which alone are relevant here, read: "(2) Where a company or person transacts business partly in the area of a municipality and partly outside such area, the income of such company or person from the transaction of business in the area of the municipality shall, for the purpose of levying tax on professions and other sources of income under this Act, be deemed to be the percentage prescribed under clause (b) of sub-rule (1) of the turnover of the business transacted in such area during the half-year or the corresponding half-year of the previous year, as the case may be. (3) For the purposes of clause (b) of sub-rule (1) and sub-rule (2! the turnover of business in any municipality means the aggregate money value of the goods produced, manufactured, imported, exported, purchased or sold or of any other business transacted in such municipality. (3) For the purposes of clause (b) of sub-rule (1) and sub-rule (2! the turnover of business in any municipality means the aggregate money value of the goods produced, manufactured, imported, exported, purchased or sold or of any other business transacted in such municipality. Explanation: (Omitted as not relevant here)." Omitting the words inapplicable to the respondents-companies, the definition of turnover" is "the aggregate money value of the ... business transacted in such municipality." The money-value of the transport undertaken by a shipping company must be the aggregate freight earned by such transport, which is therefore the company's turnover for purposes of their assessment to profession tax. In Chamber's Twentieth Century Dictionary, one of the meanings given to the word 'turnover' is "the total amount of money changing hands in a business". The total amount of money that changes hands or comes into the hands of an assessee-company on account of its business transacted within the concerned municipality is undoubtedly the total of the freight earned by the business in the relevant half-year. It must then follow that the contention of the shipping companies that, they can be assessed only under R.18 (2) of the Taxation and Finance Rules, which has been upheld by the learned judge, is correct. 3. These appeals have no force and are dismissed hereby; but, in the circumstances of these cases, we make no order as to costs here. Dismissed.