Supreme Court · 1959 INSC 52 · Decided 4 May 1959
Saroj Kumar Mazumdar v. The Commissioner of Income-Tax, West Bengal, CALCUTTA.
- Court
- Supreme Court of India
- Citation
- 1959 INSC 52 · [1959] SUPP. 2 S.C.R. 846
- Case number
- CIVIL APPEAL No. 347/1955
- Decided
- 4 May 1959
- Bench
- NATWARLAL HARILAL BHAGWATI, BHUVNESHWAR PRASAD SINHA, J.L. KAPUR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Income Tax Act Section 66(2), 66(1)
Headnote
• 846 SUPREME COURT REPORTS [1959] Supp. SAROJ KUMAR MAZUMDAR v. THE COMMISSIONER OF INCOME-TAX, WEST BENGAL, CALCUTTA. (N. H. BHAGWATI, B. P. SINHA and J. L. KAPUR, JJ.) Income-tax-Assessment-Single transaction of purchase and sale of land-If a venture in the nature of trade or capital measuring about three quarters of an acre was an adventure in the nature of trade so as to make it liable to income-tax. The assessee appellant, an Engineer by profession, was engaged in various business activities including that of an engineering firm but, admittedly, had no dealing, except the
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)