Supreme Court · 1960 INSC 90 · Decided 26 April 1960
Pingle Industries LTD., Secunderabad v. Commissioner of Income Tax, Hyderabad
- Court
- Supreme Court of India
- Citation
- 1960 INSC 90 · [1960] 3 S.C.R. 681
- Case number
- CIVIL APPEAL No. 190/1955
- Decided
- 26 April 1960
- Bench
- S.K. DAS, J.L. KAPUR, M. HIDAYATULLAH (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 10(2)(xv), 66A(2)
Headnote
SUPREl\iE COURT.REPORTS 681 PING LE INDUSTRIES LTD., SECUNDERABAD 1960 v. COMMISSIONER OF INCOME TAX, HYDERABAD· (S. K. DAs, ]. L. KAPUR and M. HrnAYATULLAH, JJ.) Income Tax-Business Expenditure-Right to extract stou~s fmm quarries-Character of expenditure-Test, whether revenue or in the nature of a monopoly to extract Shahabad Flag Stones without limit to quantity or measurement from quarries situated in six villages for a period of 12 years on annual pay­ ment of Rs. 28,000 but not to manufacture cement. The stones had to be extracted methodically and skilfully before
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)