Supreme Court · 1979 INSC 243 · Decided 19 November 1979
Additional Commissioner of Income-Tax Gujarat, Ahmedabad v. Surat Art Silk Cloth Manufacturers Association, Surat
- Court
- Supreme Court of India
- Citation
- 1979 INSC 243 · [1980] 2 S.C.R. 77
- Case number
- TAX REFERENCE CASE No. 10/1975
- Decided
- 19 November 1979
- Bench
- P.N. BHAGWATI, N.L. UNTWALIA, V.D. TULZAPURKAR, R.S. PATHAK, A.P. SEN (5-judge bench)
- Outcome
- Dismissed
- Case type
- Tax
- Acts & sections cited
- Companies Act Section 25; Income Tax Act Section 2(15), 11, 13(1)
Headnote
Income-tax Act 1961-Sections 2 (15), 11 and 13(1)' (bb)-Scope of­ .. Advancement of any other objectr of general public utility not involving the -carrying on oj any activity for profit" nzeaning. The assessee which was carried on various activities for promotion of commerce and trade in art silk yarn, art silk cloth and silk cloth. Its other objects were to obtain licences for import of raw material needed by its members, to obtain licences for export of cloth manu­ factured by its members and to do all
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