Supreme Court · 1996 INSC 338 · Decided 29 February 1996
Calcutta State Transport Corporation v. Commissioner of Income-Tax, West Bengal
- Court
- Supreme Court of India
- Citation
- 1996 INSC 338 · [1996] 3 S.C.R. 50
- Case number
- CIVIL APPEAL No. 592/1978
- Decided
- 29 February 1996
- Bench
- B.P. JEEVAN REDDY, K.S. PARIPOORNAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution; Income Tax Act Section 2(31)(vi), 10, 261, 256(1)
Headnote
Income Tax Act, 1961 : Ss. 2(31)(vi), 10(20}-lncome of a local authority-Exemption from C tax-Calcutta State Transport Corporation--Held, not a local authority and cannot claim exemption. General Clauses Act, 1897: S.3(31)-'Local authority'-Calcutta State Transport Corporation­ D Held, not a : ss. 18, 19-Calcutta State Transport Corporation Held, not a 'local authority'. The claim of the assessee-Calcutta State Transport Corporation- E that it was a local authority within the meaning of s.2(31)(vi) or the Income Tax Act, 1961 and as such its income was exempt under sub-section(20)
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