Supreme Court of India
M/s Chennai Properties & Investments Ltd., Chennai v. The Commissioner of Income Tax Central 111, Tamil Nadu
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: Business income - ff an assessee acquires properties and lets out and such letting out of properties is the business of assessee then the income received from letting out of such properties is business income - It cannot be treated as 'income from the house property'. East India Housing and Land Development Trust Ltd. v. Commissioner of Income Tax, West Bengal (1961) 42 ITR 491; Sultan Brothers (P) Ltd. v. Commissioner of Income Tax 1964 (5) SCR 807; Karanpura Development Co. Ltd. v. Commissioner of Income Tax, West Bengal 44 ITR 362 SC - relied on. Case Law Reference
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.