Supreme Court of India
The Principal Commissioner of Income Tax-8 v. M/s Yes Bank Ltd.
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.
What the Court ordered
In view of the foregoing discussion, the appeal succeeds and is accordingly allowed.
Judgment, page 5
From the headnote
Income Tax Act, 1961 – ss.35- , 260- and 263 – Issue was as to whether the r espondent-Bank (assessee) is an industrial undertaking so as to entitle them to claim deduction u/s.35- of the 1961 Act – After the Assessing Officer passed or der, adverse or der was passed by the Commissioner – Income T ax Appellate T ribunal (ITAT) allowed the appeal filed by the r espondent – Appeal by the appellant-Revenue in the High Court u/s.260- of the 1961 Act – Dismissed – On appeal, held: High Court did not frame any substantial question of law as is r equired to be framed u/s.260- of the 1961 Act – High
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.