Supreme Court · 1971 INSC 222 · Decided 27 August 1971
Karnani Properties LTD. v. Commissioner QF Income Tax, West Bengal
- Court
- Supreme Court of India
- Citation
- 1971 INSC 222 · [1972] 1 S.C.R. 457
- Case number
- CIVIL APPEAL No. 1874/1968
- Decided
- 27 August 1971
- Bench
- K.S. HEGDE, A.N. GROVER (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 9, 10, 12, 66, 66(1)
Headnote
Income Tax Act, 1922, ss. 9, 10, 12, 66-Company owning /lats and shops and letting th•m out on rent-A/so supplying electricity, water and other <ervices to tenants-Income from latter source whether falls under r. 10, or s. 12 of Act-High ,Court in reference cannot go behind the facts assessee company owned houses and fiats in Calcutta which it had. Jet out on rent. The company purchased from the Calcutta Electric Supply Corporation high voltage A. C. current in bulk, converted it into low voltage A.C. current in the company's own power house with the premises. and supplied
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)