Supreme Court · 1996 INSC 532 · Decided 16 April 1996
Smith Kline and French (India) LTD. ETC. v. Commissioner of Income Tax
- Court
- Supreme Court of India
- Citation
- 1996 INSC 532 · [1996] SUPP. 1 S.C.R. 385
- Case number
- CIVIL APPEAL No. 1187/1985
- Decided
- 16 April 1996
- Bench
- B.P. JEEVAN REDDY, K.T. THOMAS (2-judge bench)
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 256(1)
Headnote
Colllpanies Profits (Swtax) Act, 1964: Sections 4, 15, 4{}-Swtax is essentially levied on the business profits of the company colllputed in accordance with the provisions of the Income-tax Act-Merely because ce1tai11 ft.other deductions (adjustments) are provided by the Surtax Act frolll the said detennined or computed in accordance with the provisions of the Income-tax Act. A B c Union of India v. Bombay Tyre Intemational, AIR (1984) S.C. 420 and D Goodricke Tea Company v. State of West Bengal, [1995] I Suppl. S.C.C. 707, relied on. Jaipuria Samia Amalgamated Colliories Ltd. v.
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)