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PETITIONER: NAVINCHANDRA MAFATLAL
Vs.
RESPONDENT: THE COMMISSIONER OF INCOME-TAX,BOMBAY CITY.
DATE OF JUDGMENT: 01/11/1954
BENCH: DAS, SUDHI RANJAN BENCH: DAS, SUDHI RANJAN MAHAJAN, MEHAR CHAND (CJ) HASAN, GHULAM BHAGWATI, NATWARLAL H. AIYYAR, T.L. VENKATARAMA
CITATION: 1955 AIR 58 1955 SCR (1) 829 CITATOR INFO : F 1958 SC 560 (10) R 1959 SC 459 (13) R 1959 SC 582 (7) RF 1960 SC 424 (11) R 1960 SC 751 (4) R 1960 SC1073 (10) RF 1961 SC 652 (10) R 1962 SC1563 (10) R 1963 SC1241 (68) RF 1964 SC 572 (8) R 1965 SC1375 (9,22,24,25,27,35,36) RF 1965 SC1387 (12) MV 1966 SC1089 (55) R 1967 SC1373 (40) E 1968 SC1286 (6) R 1971 SC 792 (4) R 1972 SC 425 (30) D 1978 SC 449 (26,41,42) F 1978 SC 771 (58) R 1981 SC 907 (10,13) R 1984 SC 981 (8) RF 1986 SC1272 (79) RF 1990 SC 781 (13) E 1990 SC1637 (16-A,38) E 1990 SC1664 (6)
ACT: Indian Income-tax Act (XI of 1922) s. 12-B-Government of India Act, 1935 (26 Geo. 5 CH. 2) Seventh Schedule, List I, Item 54-Tax on capital gains, if ultra vires--Capital gains, if income -Legislative practice-Interpretation of words- Words used in Constitution Act.
HEADNOTE: Section 12-B of the Indian Incom...