Supreme Court of India

Indore Malwa United Mills Ltd v. The Commissioner of Income-tax(central) Bombay

Neutral citation
Reported as [1962] SUPP. 3 S.C.R. 310
Bench S.K. Das J.
Decided 19 February 1962

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.

From the headnote

Income Tax-Propeedings under s. 24 of the Indian Income-ta:& Act,-Scope and effect of section and its proviso- I Set-off of loss-Indian Income-ta:& Act, 1922 (11 of 1922). as 24(1), (2), 14(2) (c), 4(1) (a); (c)l . ' The assessce company carried on a business of manufac­ ture and sale of textile goods. The manufacture was·111ade ac its mills in Indore which was an Indian State before integra• tion and had its own law as to income-tax known as the Indore Industrial 'rax R,;les, 1927. The sales of textile goods so manufacttlred wer~ made 'at various places, some inside and some outside the

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