Supreme Court of India
Harishikesh Ganguli (dead) v. Commissioner of Income Tax, Calcutta
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 Act, 1922, s. 16(1)(c)-Settlor reserving benefit for him self under trust created by him-Trust whether becomes a revocable trust within meaning of section-Effect of third proviso. The assessee derived income from house properties and from the busi- ness of a registered partnership furn. On March 19. 1953 the assessee created a trust in respect of two houses. It was provided in 1ihe trust deed that the trustees shall pay a sum of Rs. 200/ - per month to the settlor, for life for his own absolute use and benefit out of the income of the trust estate remaining after payment of taxes,
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- 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.