BROOKE BOND & COMPANY LTD. (NOW KNOWN AS BROOKE BOND LEIBIG LIMITED) v. C.I.T. WEST BENGAL-II, CALCUTTA

Citation: [1986] 3 S.C.R. 980

Court: Supreme Court of India

Bench: R.S. PATHAK, SABYASACHI MUKHERJI

Case summary

For instance, a banking concern may hold securities in the course of its business. 14, 1958 the Appellant Assistant Commissioner dismissed the appeal holding that there would be no loss if the loss for the assessment year 1955-56 was set off against the income for the...

Judgment text

For instance, a banking concern may hold securities in the course of its business. 14, 1958 the Appellant Assistant Commissioner dismissed the appeal holding that there would be no loss if the loss for the assessment year 1955-56 was set off against the income for the...