Supreme Court of India
Raj Dadarkar & Associates v. Acit-cc-46
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.
What the Court ordered
For the aforesaid reasons, we are of the opinion that these appeals lack merit and are, accordingly, dismissed with cost.
Judgment, page 14
From the headnote
Income Tax Act, 1961: SS. 22 and 27(iiib) - Assessee firm took leasehold rights of stilt area of a portion of a building in auction, on monthly licence - To .. run municipal market -After constructing the market area, gave the same to various persons on sub-licensing basis - Income from the sub-licensed shops whether would be assessed under the head "Profits and Gains of Business or Profession" or under the head "Income from House Property" - Held: The assessee would be treated as deemed owner of the premises in terms of s.27(iiib) and hence its income from the sub·licensed shops in the
Where later benches applied it
Of those, 1 mentioned
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.