Supreme Court · 1990 INSC 26 · Decided 5 February 1990
Keshavji Ravji & CO. ETC. ETC. v. Commissioner of Income Tax
- Court
- Supreme Court of India
- Citation
- 1990 INSC 26 · [1990] 1 S.C.R. 243
- Case number
- CIVIL APPEAL No. 1177/1990
- Decided
- 5 February 1990
- Bench
- M.N. VENKATACHALIAH, N.D. OJHA, J.S. VERMA (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 40(b), 40
Headnote
Income Tax Act, 1961: .s. 40(b)-Non-deductibility-Interest paid by partner on borrowings from firm-Whether to be set off against interest paid on his capital. Statutory Interpretation: Taxing statutes-Where meaning is plain and unambiguous ascertainment of legislative intent not required­ struction in consonance with the object to be adopted. express statutory provisions departing from general law will prevail over the latter-Rule of construction-Not applicable invariably in all circumstances-Where a provision is re-enacted using the same word as used in old provision, subsequent
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)