Supreme Court of India

M/s Bangalore Club v. The Commissioner of Wealth Tax & Anr.

Neutral citation
Reported as [2020] 13 S.C.R. 488
Bench R. F. Nariman, Na Vin Sinha and Indira Banerjee JJ.
Decided 8 September 2020

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.

From the headnote

Wealth Tax Act, 1957 – ss.3, 21AA – Liability of Banga lore Club to pay wealth tax – Assessing Officer held that Cl ub was liable to be taxed under 1957 Act – Appeal dismissed by CIT (Appeals) – Appellate Tribunal set aside the orders of the Assessing Of ficer and CIT (Appeals) – High Court decided in favour of revenue – Re view Petition dismissed – Held: s.21AA was introduced in order to prevent tax evasion – It was enacted not to rope in associatio n of persons per se as “one more taxable person” to whom the Act would a pply – Bangalore Club is an association of persons and not the creati

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.