Supreme Court · 1996 INSC 1226 · Decided 25 October 1996
M/S Sri Venkata Satya Narayana Rice Mill Contractors CO. v. The Commissioner of Income-Tax, Andhra Pradesh- Ii
- Court
- Supreme Court of India
- Citation
- 1996 INSC 1226 · [1996] SUPP. 7 S.C.R. 767
- Case number
- CIVIL APPEAL No. 5623/1983
- Decided
- 25 October 1996
- Bench
- J.S. VERMA, B.N. KIRPAL (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 37(1), 256(1)
Headnote
SATYA NARAYANA RICE MILL A CONTRACTORS CO. v. THE COMMISSIONER OF INCOME-TAX, ANDHRA PRADESH- II OCTOBER 25, 1996 B (J.S. VERMA AND B.N. KRIPAL, JJ.) I11come Tax Act, 1961-Sectioll 37(1)-I11come Tax Deductio11 u11der busilless-Claim of-Amou11t paid to State Welfare Fund, which was com­ connected with carrying 011 of assessee's business or results in the benefit of assessee's business-And not opposed to public policy, since the Fund is for the use of public. Appellant was carrying on business of exporting rice, from the State D of Andhra Pradesh, for which he required permit
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