Supreme Court · 1986 INSC 129 · Decided 15 July 1986
Commissioner of Income-Tax, Delhi v. Mahalaxmi Sugar Mills CO. LTD.
- Court
- Supreme Court of India
- Citation
- 1986 INSC 129 · [1986] 3 S.C.R. 150
- Case number
- CIVIL APPEAL No. 1350/1974
- Decided
- 15 July 1986
- Bench
- R.S. PATHAK, SABYASACHI MUKHERJI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 24
Headnote
OF INCOME-TAX, DELHI v. MAHALAXMI SUGAR MILLS CO. LTD. B JULY 15, 1986 " [R.S. PATHAK AND SABYASACHI MUKHARJI, JJ.) .1 Total world loss, computation of-Deduction of dividend received c from the holding company in Pakistan from its business losses in India by an assessee, whether in D The respondent assessee is a public limited company carrying on the business of manufacturing and selling .'ugar. During the assessment years 1956-57 and 1957-58 the company also held shares in the Premier Sugar Mills and Distillery Co. Ltd., Mardan, West Pakistan. The Pakistan company also
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)