East India Housing and Land Development Trust Ltd. v. CIT (Supreme Court)

Supreme Court of India East India Housing and Land Development Trust Ltd. Vs. Commissioner of Income Tax, West Bengal Date- 2 November, 1960 Equivalent citations: 1961 42 ITR 49 SC Author: Shah Bench: J Shah, M Hidayatullah, S Dass JUDGMENT Shah, J. 1. This is an appeal with special leave against the judgment of the Income-tax Appellate Tribunal, Calcutta Bench, Calcutta. The appellant is private company registered under the India Companies Act incorporated with the objects, amongst other, (1) to by and develop landed properties and (2) to promote and develop markets. In 1946...