Supreme Court of India

Commissioner of Income Tax, U.p.-ii, Lucknow v. Bazpur Co-operative Sugar Factory Ltd., Bazpur, District Nainital.

Neutral citation
Reported as [1988] 3 S.C.R. 1034
Bench R.S. Pathak and M.H. Kania JJ.
Decided 6 May 1988

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.

1 Supreme Court bench has cited this judgment.

From the headnote

Whether a Co-operative Society registered under Co-operative Societies Act, 1912 has power to amend its bye-laws with retrospective effect-Whether the amended bye-law is operative during period previ­ ous to accounting year-Whether deposits made by members of the society by way of deductions contemplated under bye-law 50 of the Society were in the nature of permanent liabilities and were capital receipts not liable to be included in taxable income of assessee-Society or whether the deductions were revenue receipts liable to tax. Civil Appeal No. 563 of 1975 filed in the Court was directed

Where later benches applied it

Of those, 1 referred to

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