Supreme Court of India

Association of Leasing and Financial Service Companies v. Union of India and Ors.

Neutral citation
Reported as [2010] 13 S.C.R. 381
Bench S.H. Kapadia, K.S. Panicker Radhakrishnan and Swatanter Kumar JJ.
Decided 26 October 2010

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.

5 Supreme Court benches have cited this judgment.

From the headnote

Finance Act, 1994 (as amended): ss. 65(12), 65(105)(zm), 66 - Non-Banking Financial Company - Equipment leasing and hire-purchase - Service tax imposed by s.66 on the value of taxable services referred c to in s.65(105)(zm) read with s.65(12), insofar as it relates to financial leasing services including equipment leasing and hire-purchase - Held: Is within the legislative competence of the Parliament under Entry 97, List I of the Seventh Schedule to the Constitution by virtue of Article 366 (29A) of the Constitution - Reserve Bank of India, 1934 - s.451 - Constitution of India, 1950 -

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