Supreme Court · 1969 INSC 152 · Decided 25 July 1969
Commissioner of Income-Tax, Calcutta v. Nalin Behari Lal Singha ETC.
- Court
- Supreme Court of India
- Citation
- 1969 INSC 152 · [1970] 1 S.C.R. 665
- Case number
- CIVIL APPEAL No. 736/1968
- Decided
- 25 July 1969
- Bench
- J.C. SHAH, V. RAMASWAMI, A.N. GROVER (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 2(6A)
Headnote
E " F G H COMMISSIONER OF INCOME-TAX, CALCUTIA v. NALIN BEHARI LAL SINGHA ETC. July 25, 1969 [J. C. SHAH, ACTING C.J., V. RAMASWAMI AND A, N. GROVER, JJ] . /11.come-tax Act, 1922, s, 2(6A)-Definition of dividend-If taxable di\•idend is exclusive of component representing capital gains the fund. out of· which it was distributed represented capital gains and not "accumulated profit" of the company. The Income-tax Officer rejected the claim, bu.t the Appellate Assistant Commissioner held that a part of the total .amdunt distributed represented capital gains and
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