Search Results Page

Search Results

1 - 10 of 19 (0.24 seconds)
Pr. Commissioner Of Income Tax vs M/S Idmc Limited....Opponent(S) on 25 January, 2017 cites

Jodha Mal Kuthiala (R.B.) And Sons vs Commissioner Of Income-Tax on 19 January, 1972

[6.1] In   the   case   of   R.B.   Jodha   Mal   Kuthiala   (Supra)   the   Hon'ble  Supreme Court has observed that it is true that equitable considerations  are   irrelevant   in   interpreting   tax   laws.   But,   those   laws,   like   all   other  laws, have to be interpreted reasonably and in consonance with justice.
Punjab-Haryana High Court Cites 22 - Cited by 225 - Full Document

Shree Sajjan Mills Ltd vs Commissioner Of Income Tax, M.P. Bhopal ... on 8 October, 1985

[6.2] In   the   case   of   Shree   Sajjan   Mills   Ltd.   (Supra),   the   Hon'ble  Supreme Court has observed that the principle that fiscal statutes shall  be strictly construed does not rule out the application of the principles of  reasonable construction to give effect to the purpose or intention of any  particular provision as apparent from the scheme of the IT Act, with the  assistance of such external aids as are permissible under the law.
Supreme Court of India Cites 28 - Cited by 301 - S Mukharji - Full Document

Administrator Municipal Corporation, ... vs Dattatraya Dahankar And Another on 5 December, 1991

[6.3] While   interpreting   section   127A   of   the   IT   Act,   in   the   case   of  Page 11 of 15 HC-NIC Page 11 of 15 Created On Sat Aug 12 12:05:56 IST 2017 O/TAXAP/824/2016 JUDGMENT Administrator   Municipal   Corporation,   Bilaspur   (Supra),   the   Hon'ble  Supreme   Court   has   observed   that   the   mechanical   approach   to  construction is altogether out of step with the modern positive approach.  The   modern   approach   is   to   have   a   purposeful   construction   that   is   to  effectuate the object and purpose of the IT Act. Thereafter it is observed  and   held   that   section   127A,   must   therefore,   receive   a   purposeful  construction   as  any  other   construction  would   render  proviso  nugatory  and defeat the object of the IT Act.
Supreme Court of India Cites 2 - Cited by 60 - K J Shetty - Full Document

The Commissioner Of Income Tax, ... vs Sri J.H. Gotla, Yadagiri on 29 August, 1985

[6.6] In the case of J.H. Gotla (Supra), the Hon'ble Supreme Court has  observed and held that if  strict literal construction leads to an absurd  result i.e. a result not intended to be sub­served by the  object of the  legislation   ascertained   from   the   scheme   of   the   legislation,   then,   if  another construction is possible apart from the strict literal construction,  then,   that   construction   should   be   preferred   to   the   strict   legal  construction.   It   is   further   observed   that   where   the   plain   literal  construction of a statutory provision produces a manifestly unjust result  which   could   never   have   been   intended   by   the   legislature,   the   court  might modify the language used by the legislature so as to achieve the  intention of the legislature and produce a rational result.
Supreme Court of India Cites 42 - Cited by 488 - S Mukharji - Full Document
1   2 Next