Supreme Court · 2001 INSC 126 · Decided 28 February 2001
MIS. Birla Cement Works v. The Central Board of Direct Taxes and ORS.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 126 · [2001] 2 S.C.R. 198
- Case number
- CIVIL APPEAL No. 5004/1997
- Decided
- 28 February 2001
- Bench
- S.P. BHARUCHA, N. SANTOSH HEGDE, Y.K. SABHARWAL (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 194C
Headnote
c Income Tax Act, 1961--Section 194C. Interpretation of Statute-Taxing Statute-Tivo interpretations reason­ ably possible-Amendment making Section applicable to transpot1 contracts­ Previous circulars excluding transport contracts f1vm scope of SPction-Circu­ lar including transpo11 inte1pretationfavouring assPssee and acted upon and accepted by Revenue for long period should not be disturbed except.for compelling reasons-No compelling reasons for holding that amend- D ment is clarificato1y or retrospective in operation-Section before amendment
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