Supreme Court · 1997 INSC 554 · Decided 9 July 1997
R.M. Arunachalam ETC. v. Commissioner of Income Tax, Madras
- Court
- Supreme Court of India
- Citation
- 1997 INSC 554 · [1997] SUPP. 2 S.C.R. 64
- Case number
- CIVIL APPEAL No. 6098/1983
- Decided
- 9 July 1997
- Bench
- S.C. AGRAWAL, D.P. WADHWA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution; Income Tax Act Section 55, 55(2), 55(1)(b)
Headnote
ETC. v. COMMISSIONER OF INCOME TAX, MADRAS JULY 9, 1997 B [S.C. AGRAWAL AND D.P. WADHWA, JJ.) Income Tax Act, 1961: Sectio11s 45(1), 48(ii), 49(1) a11d 55(l)(b) read with Estate Duty Act, C 1953-Sections 53(1) and 74(1)---f'roperty after the Death of the owner devolving upon widow and to A Ys 1966-67 to 1972-73--Under the circumstances, the propo1tionate pan of the estate duty, paid consequent to the death of the original owner and his widow, D relevant to the prope1ties sold by the assessee, held neither 'cost of acquisition' nor 'cost of improvement' of the said
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)