Supreme Court · 1960 INSC 268 · Decided 14 December 1960
R. G. S. Naidu and CO. v. Commissioner of Income-Tax and Excess Profits Tax, Madras
- Court
- Supreme Court of India
- Citation
- 1960 INSC 268 · [1961] 3 S.C.R. 271
- Case number
- CIVIL APPEAL No. 181/1960
- Decided
- 14 December 1960
- Bench
- J.L. KAPUR, M. HIDAYATULLAH, J.C. SHAH (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
SUPREME COURT REPORTS 271 there was no agreement of sale of goods to be obtain­ ed in future between the assessee and the third party". In the result, the appeals fail, and are dismissed with costs. One hearing fee. Appeals.dismissed. R. G. S. NAIDU AND CO. v. COMMISSIONER OF INCOME-TAX be reopened-Apportionment of income-Excess Profits Tax Act, z940 (XV of z940), s. z5, r. 9, Sch. I. Under an agreement dated July II, 1945, the appellants were appointed managing agents of the Coimbatore Spinning and Weaving Co. Ltd., for 20 years, and certain remuneration was provided for them
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)