Supreme Court · 1965 INSC 256 · Decided 19 November 1965
Commissioner of Income-Tax, Punjab, Patiala v. R. B. Jodha Mal Kuthiala
- Court
- Supreme Court of India
- Citation
- 1965 INSC 256 · [1966] 2 S.C.R. 645
- Case number
- CIVIL APPEAL No. 95/1964
- Decided
- 19 November 1965
- Bench
- K. SUBBA RAO, J.C. SHAH, S.M. SIKRI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution; Income Tax Act Section 25(4), 25, 66(2)
Headnote
Indian Income Tax Act 1922, s. 25(4)-Benefit under-Business assessed under Indian Income-tax Act, 1918-Firm dissolved on March 31, 1939 and new firm took over business from April 1, 1939-Act 7 of 1939 came Into force from April 1, 1939-Firm whether carried on b,,.,lne,. at commencement of Act 7 of family was assessed to tax under the Indian Inrome-tax Act 1918 in respect of its business, inter alia, in timber. In 1934 there was dissolution of the family and five of its members entered into a partnership to carry on the business. This firm was dissolved on March 31, 1939 and its
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)