Supreme Court of India
Khan Bahadur Ahmed Alladin & Sons v. Commissioner of Income-tax, Andhra Pradesh
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
Indian Income-tax Act, 1922, s. 2(4)-Adventure in the nature of trade--What is-Tests to determine-Question is mixed question of la»' ond fact-Tribunaf s duty in preparing statement of case; The assessee firm purchased a Brengun factory from the Government of India and sold the stores and pan of the lands and buildings shortlv afterwards at a higher price. It admitted before the Income-tax autho rities that the purchase and sale in respect of the stores constituted an adventure in the nature of trade, but in respect of the land and buildings sold it contended that they had been purchased by
Authorities it was built on
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.