Supreme Court of India
Stonecraft Enterprises v. Commissioner of Income Tax
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, 1961 : ---- Section 80HHC (2)(b)-Export of 'granite '-Deduction on the profits earned from export of goods-Exclusion of goods which were "mineral oil", c ''minerals'' and ''ores' '-Central Board of Direct Taxes issuing circular stating -. that value added granite eligible for deduction-No proof of granite exported by assessee suhjected to any process-Claim for deduction-Entitlement of- Held, ''Granite'' is a ''mineral under the provision of Section BOHHC (2)(b)- Thus, assessee not entitled.to claim benefit of deduction thereunder. interpretation of statutes : Doctrine-Nmscitur
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.