Supreme Court of India
M/s Lohia Machines Limited and Anr. v. Union of India and Ors.
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.
3 Supreme Court benches have cited this judgment.
From the headnote
Constitution of India, Articles 14 and 19 (1) (g). Income Tax Act, 1968, ss.80J(l) and(lAl, s. 296-lncome Tax Rules, 1962-Rule 19A-Validity of. "Capital employed" in industrial undertaking-Meaning of-Whether includes long term borroWiflgs-Computed in the prescribed manner-Central Board of Reyenue-fflhether competent to prescribe the manner of computation by Rules-Providing for computation of "capital employed" as on "the first day of the computation period"-Whether ultra vfres s. 801 (1)-Whether suffers from excessive delegation of legislative power-Whether violative of Art. 14. ''Capital
Authorities it was built on
Where later benches applied it
- 2022 Assistant Commissioner of Income Tax (exemptions) v. Ahmedabad Urban Development Authority
- 2022 Independent Schools’ Federation of India (regd.) v. Union of India and Another
- 2019 Union of India v. Association of Unified Telecom Service Providers of India Etc.etc.
Of those, 3 referred to
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