Supreme Court of India
Messrs. Dhandhania Kedia & Co. v. The Commissioner of Income-tax
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
5 Supreme Court benches have cited this judgment.
What the Court ordered
We hold that the sum of Rs. 26,000 received by the appellant_on April 22, 1950, was divi dend as defined in s. 2(6A) (c) of the Act and is charge able to tax.
Judgment, page 10
From the headnote
Income-tax-Dividend, tax on-Distribution of accumulated profits of previous years-" Previous years", meaning of-Indian Income-tax Act, I922 (XI of I922), ss. 2(6A)(c) and z(II). The appellant, a resident of the once independent State of Udaipur, held 266 shares in the Mewar Industries Ltd.. a company registered in that State. There was no law in the State of Udaipur imposing tax on income and it was on April Il 195.0, that for the first time the residents of Rajasthan, in which the State had merged, became liable to pay such a tax. On January 18, 1950, the Company went into liquidation and on
Where later benches applied it
- 2016 Indrani Wahi v. Registrar of Coop. Societies & Ors.
- 2006 M/s Associated Journals v. The Mysore Paper Mills Ltd.
- 2000 Shri Vishin N. Khanchandani and Anr. v. Vidya Lachmandas Khanchandani and Anr.
- 1997 Commissioner of Income Tax Kerala-ii; Ernakulam v. M/s. Kandath Motors Etc.
- 1964 Jagdish Chander Gupta v. Kajaria Traders (india) Ltd.
Of those, 5 mentioned
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.