Supreme Court of India

Dr. T.A. Quereshi v. Commissioner of Income Tax, Bhopal

Neutral citation
Reported as [2006] SUPP. 10 S.C.R. 311
Bench S.B. Sinha and Markandey Ka Tju JJ.
Decided 6 December 2006

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.

2 Supreme Court benches have cited this judgment.

From the headnote

Income Tax Act, 1961-Computation of profits and gains of business/ profession-Assessee engaged in manufacture and selling of heroin-Seizure of heroin-Deduction, claim of-Applicability of section 37-Held: Seizure of heroin formed part of stock in trade of assessee-Thus, entitled to claim deduction as a business loss on account of seizure-Section 37 relates to business expenditure, thus not applicable-Section 37. Jurisprudence-Legal principles vis-a-vis morality-Held: Law is different from morality-Court has to decide cases on legal principles and not on one's own moral views. The question

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