Supreme Court of India

Commissioner of Income Tax, Bihar v. Bankipur Club Ltd.

Neutral citation
Reported as [1997] SUPP. 1 S.C.R. 263
Bench Ks. Paripoornan Ands. Saghir Ahmad J.
Decided 8 May 1997

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.

6 Supreme Court benches have cited this judgment.

What the Court ordered

We hold that the judgments and orders passed by the High Courts covered by Groups A,B,C and D, as stated above, do not E merit any interference.

Judgment, page 16

From the headnote

Income Tax Act, 1961: Section 28(i). Income tax-AYs. 1960-61 to 1964-65, 1974-75 to 1976-77, 1982-83, 1985-86 to 1989-90-Member's clubs/social action groups-Registered as non- profit companies under S.25 of Companies Act-Such clubs received from their members amounts for supply of drinks, refreshments etc. as part of usual privileges, advantages and conveniences available to members or by way of admission fees and periodical subscriptions-Memoranda of Association provided for distribution amongst members, or transfer to· a similar associa- tion as detennined by members, of the surplus amount,

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