Supreme Court of India
Saraswati Industrial Syndicate Ltd. v. C.I.T., Haryana, Himachal Pradesh, Delhi
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.
4 Supreme Court benches have cited this judgment.
From the headnote
Income Tax Act, 1961-Section 41( /)-Object and scope of. Income-Tax Act, 1961: Section 41-Application of-Condition -Identity of assessee in previous year and subsequent year to be same-Change in the assessee's identity-No tax liability. Income Tax Act, 1961-Section 41( 1) read with Sections 391 and 394, Companies Act, 1956--Amalgamation of two Companies-Effect of-Exemption from tax liability granted to the transferor company whether can be claimed by the transferee company.
Where later benches applied it
- 2023 Religare Finvest Limited v. State of Nct of Delhi & Anr.
- 2026 M/s Jindal Equipment Leasing Consultancy Services Ltd. v. Commissioner of Income Tax
- 2022 Principal Commissioner of Income Tax (central) – 2 v. M/s. Mahagun Realtors (p) Ltd.
- 2026 Aspinwall and Co. Ltd. v. The Inspecting Assistant Commr.
Of those, 1 relied on · 2 referred to · 1 mentioned
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