TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Supreme Court Overturns High Court Judgments on Income Tax Assessments</h1> <h3>Commissioner of Income-Tax Versus Nabhinandan Digamber Jain And Others</h3> The Supreme Court set aside two High Court judgments on income tax assessments for 1988-89 and 1990-91. The Tribunal was directed to refer a question of ... Charitable Purpose - Exemption - Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is justified in holding that the agricultural income will not form a part of total income for the purpose of computing the accumulation of income in excess of 25 per cent. of the total income as laid down under section 11 - High Court was not justified in dismissing an application of revenue u/s 256(2) and 260A, for referring a question of law The Supreme Court set aside two High Court judgments related to income tax assessment years 1988-89 and 1990-91. The Court directed the Tribunal to refer a question of law regarding agricultural income to the High Court. Tax Appeal No. 15 of 2000 was restored for further proceedings. No costs were awarded.
TaxTMI 
