Bombay H.C : Whether on the facts and in the circumstances of the case, amount received by the assessee is Revenue income within the meaning of section 2(24) and taxable under section 4 of the Income-tax Act, 1961 ?

High Court Of Bombay CIT, Panaji, Goa vs. David Lopes Menezes Assessment Year :  1994-95 Section : 2(24) D.G. Karnik And F.M. Reis, JJ. Tax Appeal No. 26 Of 2002 October 29, 2010 JUDGMENT D.G. Karnik, J. – This appeal under section 260A of the Income-tax Act, 1961 (for short “the IT Act”) is directed…

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