Supreme Court · 1977 INSC 133 · Decided 28 April 1977
Tarulata Syam and ORS. v. Commissioner of Income-Tax, West Bengal
- Court
- Supreme Court of India
- Citation
- 1977 INSC 133 · [1977] 3 S.C.R. 697
- Case number
- CIVIL APPEAL No. 147/1972
- Decided
- 28 April 1977
- Bench
- P.N. BHAGWATI, R.S. SARKARIA, S. MURTAZA FAZAL ALI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 2(6A)(e), 23A
Headnote
B Indian Income Tax Act, 1922-S. 2(6A)(e)-Scope of. Co1npany a s. 23A Co111pany in which public are not substantiq/.ly intertsted -Had accunut!ated profits-Gave loan/ to a shareholder-Loan repaid before !he end of tlir financial year-Loun if dividend withiln s. 2(6A)(e). Under section 2(W\) (e) of term divi­ dend includes any payment by a compa·ny not being a company in v,;hich the public are substantially interested \Vithin the meaning of s. 23A of any sum (whether as represcntirw: a part of the assets of the company or other­ wise) by way of advance or Joan to a
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)