Supreme Court of India
Commissioner of Income Tax v. Balbir Singh Maini
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
Income Tax Act, I961: ss.2(47)(v) and (vi), 45 and 48 - Capital gains tax - Exigibility to - Assessees were members of a Co-op_erative Housing Society - Societies entered into Joint Development Agreement (JDA) with Developers - Developers were required to make payment in four instalments - Developers made payments to the assessees only upto second instalment and 7. 7 acres of land out of the total 21.2 acres of land was conveyed - The said paid amount suffered capital gains tax for assessment years 2007-2008 and 2008-2009 - Further instalments were never paid as the project got interdicted by
Authorities it was built on
- 2004 Rambhau Namdeo Gajre v. Narayan Bapuji Dhotra (dead) through Lrs.
- 2002 Shrlmant Shamrao Suryavanshl and Anr. v. Pralhad Bhalroba Suryavanshi (d) by Lrs. and Ors.
- 1960 Shoorji Vallabhdas & Co., Bombay v. The Commissioner of Income-tax/excess Profits Tax, Bombay.
- 2013 Commissioner of Income Tax v. M/s Excel Industries Ltd.
- 2015 M/s. Coastal Paper Ltd. v. Commnr. of Central Excise, Visakhapatnam
- 1954 E. D. Sassoon and Company Ltd. v. The Commissioner of Income-tax, Bombay City
Where later benches applied it
Of those, 1 relied on
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- 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.