Supreme Court · 1966 INSC 117 · Decided 4 May 1966
Nalnikant Ambalal Mody v. Commissioner of Income Tax, Bombay
- Court
- Supreme Court of India
- Citation
- 1966 INSC 117 · [1966] SUPP. 1 S.C.R. 295
- Case number
- CIVIL APPEAL No. 731/1964
- Decided
- 4 May 1966
- Bench
- A.K. SARKAR, J.R. MUDHOLKAR, R.S. BACHAWAT (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Income Tax Act Section 46, 10, 12, 6
Headnote
Indian Income-tax Act 1922, ss. 46, 10, 12-0utstanding fees from legal profession received after cessatwn of practtce-cash sy.s­ tem of accounting-Recetpts whether can be taxed under s. J.2 income from 'other sources'. The appellant an advocate who maintained his accounts on the cash system Bench in 1957. Certain outstandmg professional dues were however received by him in the accounting years 1958 and 1959. These receipts were shown by him as income in his return for the assessment years 1959-60 and 1!160-61 and were assessed by the Income-tax Officer. The appellant then went in
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