Supreme Court of India

Commissioner of Income-tax, West Bengal v. Allahabad Bank Limited

Neutral citation
Reported as [1969] 3 S.C.R. 722
Bench J.C. Shah, V. Ramaswami and A. N. Grover JJ.
Decided 14 February 1969

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

Finance Acts, 1956 ant( 1951-Explanation to Paragraph of Part JI-Definition 'of 'share prtmium account'; whether such account liable to be included in the paid-up-capital for computing rebate of super tax­ i! to qualify for inclusion it is sufficient if ii is an identifiable separate account within the reserves--Companies Act, 1956, •· 78 (3) r.w.s. 78(1) -Effect of. In proceedings for assessment to tax for each of the assessment years 1956-57 and 1957-58, the Income Tax Officer reduced the rebate in super­ tax admissible to the respondent under the Finance Acts of 1956 and 1957 on the view

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