Supreme Court of India

The Commissioner of Income-tax, West Bengal v. The Calcutta Stock Exchange Association Ltd.

Neutral citation
Reported as [1959] SUPP. 2 S.C.R. 459
Bench Bhuvneshwar Prasad Sinha J.
Decided 26 March 1959

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

From the headnote

Income Tax-Stock Exchange Association-Authorised Assist­ ants-Admission fee and monthly subscriptions in respect of them paid by members-Fee for putting the names of companies on QHota­ tions List-Income therefrom-Assessability to tax-" Performing specific services", Meaning of-Indian Income-tax Act, r9zz (XI of r9zz), s. ro(6). . By sub-s. 6 of s. ro of the Indian Income-tax Act, r922: " trade, professional or similar association performing specific ser­ vices for its members for remuneration definitely related to those services shall be deemed for the purpose of this section to carry on

Where later benches applied it

Of those, 2 referred to

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