Supreme Court · 1960 INSC 232 · Decided 30 November 1960
M/S. S. C. Cambatta & CO. Private LTD., v. The Commissioner of Excess Profits Tax, Bombay
- Court
- Supreme Court of India
- Citation
- 1960 INSC 232 · [1961] 2 S.C.R. 805
- Case number
- CIVIL APPEAL No. 776/1957
- Decided
- 30 November 1960
- Bench
- J.L. KAPUR, M. HIDAYATULLAH, J.C. SHAH (3-judge bench)
- Outcome
- Case Allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 66(2)
Headnote
SUPREME COURT REPORTS 805 case reported as Liverpool Gorn Trade .Association v. Monks (1 ). In our opinion the judgment of the High Court is right and the appeals are therefore dismissed with costs. One hearing fee. Appeals dismissed. M/S. S. C. CAMBATTA & CO. PRIVATE LTD., BOMBAY v. THE Profits Tax Act, z940 (XV of I940). The appellant carried on various businesses and one such was the running of a Theatre and Restaurant. In October, 1943, a subsidiary company was formed which was using the premises of the Theatre under a lease granted to it from April,
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)