Supreme Court of India · 2020-09-08
M/S. BANGALORE CLUB vs THE COMMISSIONER OF WEALTH TAX
- Citation / case number
- SC 2007/22244
- Court
- Supreme Court of India
- Petitioner
- M/S. BANGALORE CLUB
- Respondent
- THE COMMISSIONER OF WEALTH TAX
- Author
- HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
- Bench
- HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN, HON'BLE MR. JUSTICE NAVIN SINHA, HON'BLE MS. JUSTICE INDIRA BANERJEE
Judgment text excerpt
The Supreme Court addressed the liability of the Bangalore Club to pay wealth tax under the Wealth Tax Act for the assessment years 1981-82 to 1990-91. The court examined whether the club's structure and the rights of its members constituted a taxable entity. It was determined that the club, not being registered as a society, trust, or company, does not fall under the purview of wealth tax, thereby ruling in favor of the Bangalore Club.