2001 PTD 2415 (PLP)
COMMISSIONER OF INOME‑TAX Versus K. ANITA REDDY and others
| Citation | 2001 PTD 2415 (PLP) |
| Forum / Court | 247 I T R 94 |
| Bench Members | S. P. Bharucha and D. P. Mohapatra, JJ |
| Parties | COMMISSIONER OF INOME‑TAX Versus K. ANITA REDDY and others |
| Primary Law | Appeal to Supreme Court‑‑‑ |
Q1: What are the key laws and sections cited in 2001 PTD 2415 (PLP)?
This judgment primarily cites: Appeal to Supreme Court‑‑‑ as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2001 PTD 2415 (PLP)?
The case was heard and decided by the 247 I T R 94 bench comprising: S. P. Bharucha and D. P. Mohapatra, JJ.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: 2001 PTD 2415 (PLP) (COMMISSIONER OF INOME‑TAX Versus K. ANITA REDDY and others). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Laws Cited
Representation
- Rajiv Nanda, Ms. A. Subhashini, S.K. Dwivedi and Ms. Sushma Suri, Advocates for Appellant.
- T.L.V. Iyer, Senior Advocate (K. Moruthi Rao, Ms. K. Radha and G. Prabhakar, Advocates with him) for Respondents.
Headnotes / Summary
‑‑‑ Capital gains‑‑‑Decision of Supreme Court in Union of India v. S. Muthyam Reddy (1999) 240 ITR 341 referred to a larger Bench‑‑‑Indian Income Tax Act, 1961. Held, that the judgment of the Supreme Court by a Bench of two Judges in Union of India v. S. Muthyam Reddy (1999) 240 ITR 341 requires consideration by a larger Bench.
Judgment & Decree
C. As. Nos. 8036 to 8039 of 1995, decided on 15th November, 2000. ‑‑‑ Capital gains‑‑‑Decision of Supreme Court in Union of India v. S. Muthyam Reddy (1999) 240 ITR 341 referred to a larger Bench‑‑‑Indian Income Tax Act, 1961. Held, that the judgment of the Supreme Court by a Bench of two Judges in Union of India v. S. Muthyam Reddy (1999) 240 ITR 341 requires consideration by a larger Bench. Rajiv Nanda, Ms. A. Subhashini, S.K. Dwivedi and Ms. Sushma Suri, Advocates for Appellant. T.L.V. Iyer, Senior Advocate (K. Moruthi Rao, Ms. K. Radha and G. Prabhakar, Advocates with him) for Respondents. Having heard learned counsel, we are of the view that the judgment of this Court by a Bench of two learned Judges in Union of India v. S. Muthyam Reddy (1999) 240 ITR 341 requires consideration by a larger Bench. The civil appeals shall be placed before a Bench of three learned Judges. M.B.A./984/FC Order accordingly.