Al Wakeelo logo

Al Wakeelo

Your Digital Lawyer, Always on Duty

Initializing Secure Chambers

2001 PTD 2617

COMMISSIONER OF INCOME-TAX vs ABHIJIT IRON PROCESSORS (PVT.) LTD.

Petitioner: COMMISSIONER OF INCOME-TAX VS Respondent: ABHIJIT IRON PROCESSORS (PVT.) LTD. (NO.3)

Court: Supreme Court of Pakistan Decision Date: 2000-01-13

Full Judgment Text & Judicial Ruling

Court Name: Supreme Court of India Judge(s): S. Rajendra Babu, B. N. Kirpal Title:COMMISSIONER OF INCOME-TAX vs ABHIJIT IRON PROCESSORS (PVT.) LTD.

(NO.3) Case No.: C.A. No. 380 of 2000 Date of Judgment:2000-01-13 Reported As: 2001 PTD 2617 Result: Appeal allowed Judgment ORDER Leave granted. After hearing learned counsel for the parties, we direct the Tribunal to state the case and refer the following question of law to the High Court: "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in upholding tke order of the Commissioner of Income-tax (Appeals) in directing the Assessing Officer to include interest income in the gross total income while computing the deduction under section 80-I of the Income Tax Act, 1961?" The appeal is allowed in the aforesaid terms. No costs. .

Related Legal Research & Directories