Supreme Court of India
Commissioner of Income-tax, Bihar v. Dalmia Investment Co. Ltd.
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.
7 Supreme Court benches have cited this judgment.
From the headnote
Income-tax Act-Business-Investment company-Dealing in shares-Bonus shares-Valuation. The assessee company dealt in shares and also held invest ments of shares on January 1, 1948. The assessee held 1,10,747. shares of Rohtas Industries at a book value of Rs. 15,57,902/-. Of these shares 31,909 were bonus shares issued by Rohtas Indus tries in 1945 at the face value of Rs. 10/- each and the assessee had debited the investment account in respect of the bonus shares by Rs. 3,19,090 with a· corresponding entry in the capital reserve account on its credit side for the same amount. The. assessee
Where later benches applied it
- 2008 Khoday Distilleries Ltd. v. Commissioner of Income Tax and Anr.
- 2006 Commissioner of Income Tax, Mumbai v. M/s. General Insurance Corporation
- 2000 Standard Chartered Bank and Anr. Etc. v. Custodian and Another Etc.
- 1997 M/s Hunsur Plywood Works Ltd. v. The Commissioner of Income Tax
- 1996 M/s Escorts Farms (ramgarh) Ltd. v. The Commissioner of Income Tax, New Delhi
- 1971 Shekhawati General Traders Ltd. v. Income Tax Officer, Company Circle I, Jaipur
- 1966 Miss Dhun Dadabhoy Kapadia v. Commissioner of Income-tax, Bombay
Of those, 7 mentioned
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