Legal Case Summary

Case Details
Case ID 42ad35a0-5d4b-4ad6-bbd7-c7d176326332
Body View case body.
Case Number Civil Appeals Nos. 4158 to 4164 of 1994
Decision Date Dec 06, 2000
Hearing Date
Decision The Supreme Court directed the Appellate Tribunal to state a case to the High Court regarding the question of law concerning the entitlement of the assessee to registration under Section 185 of the Income Tax Act despite contraventions of specific liquor rules. The Tribunal must refer the question of law for opinion, recognizing that a significant legal issue exists due to prior conflicting rulings in similar cases. The court allowed the civil appeals and set aside the previous order, emphasizing the necessity for legal clarity in tax registration matters.
Summary This case revolves around the interpretation of the Income Tax Act, 1961, specifically Section 185 concerning the registration of a firm that contravened liquor laws. The Supreme Court of India dealt with the complexities of tax law and liquor regulations, determining that despite rule violations, the issue of the firm's entitlement to registration warranted judicial review. This case is significant for tax law practitioners and firms involved in the liquor trade, illustrating the intersection of regulatory compliance and tax benefits. The decision underscores the importance of legal advice in navigating compliance issues, which can impact a firm's financial standing and operational legality. Legal experts should note the implications of this ruling for future cases, particularly those involving regulatory frameworks and tax legislation.
Court Supreme Court of India
Entities Involved Not available
Judges S. P. Bharucha, N. Santosh Hegde, Y. K. Sabharwal
Lawyers S. Ganesh, Rajiv Nanda, S.K. Dwivedi, T.C. Sharma, S.W.A. Quadri, Ms. Sushma Suri, L. Nageswara Rao, S.K. Verma, V.G. Pragasam
Petitioners COMMISSIONER OF Income Tax
Respondents LAMI WINE MERCHANTS
Citations 2002 SLD 168, 2002 PTD 1118, (2001) 251 ITR 882
Other Citations Bhiari Lal Jaiswal v. CIT (1996) 217 ITR 746 (SC), CIT v. Nall' Venkataramana (1984) 145 ITR 759 (AP)
Laws Involved Income Tax Act, 1961
Sections 185, 256