Supreme Court of India
Mysohe Kirloskar Limited v. Workers of the Mysore Kirloskar Limited
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Industrial Dispute-Bonus-Income Tax deductions Method of calculation-Working Capital-Return, if could include borrowed or deposit amount on whi-0h oompany was pay· ing interest -Rehabilitation-Evidence as to the prior charges not led, if could be led for subsequent dispute. Held, that in consonance with the decision in the Assa:; ciated Companies Ltd's case the income-tax deduction n1ust be calculatfd on the amount which represents the balance after deducting the full statutory depreciation allowed from the gross profit.
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.