Reviewed case brief
CIT v Nandlal Gandalal
[VERIFY]
[VERIFY] · Supreme Court of India
- Court
- Supreme Court of India
- Year
- 1960
- Subjects
- Law of Taxation
- Reviewed
- 2026-08-02
Rule established
Profit on sale of silver by a money-lender is taxable as business income if silver constitutes stock-in-trade.
Facts
Issues
Held
Ratio decidendi
How to use it in an exam
Editorial source
[VERIFY]
Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.