Supreme Court · 1965 INSC 92 · Decided 2 April 1965
Commissioner of Income-Tax, West Bengal, Calcutta v. Calcutta Hospital and Nursing Home Benefits Association
- Court
- Supreme Court of India
- Citation
- 1965 INSC 92 · [1965] 3 S.C.R. 632
- Case number
- CIVIL APPEAL No. 206/1964
- Decided
- 2 April 1965
- Bench
- K. SUBBA RAO, J.C. SHAH, S.M. SIKRI (3-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 2(6C), 3, 66(A)(2)
Headnote
Indian Income Tax Act 1922, s. 2(6C); Rule 6 to. the Schedule­ Profits of mutual insurance business whether can be included in income-Reserve for income tax whether taxable . The respondent Association was a mutual insurance concern car­ rying on miscellaneous insurance business. The provision of help anywhere in the world in respect of expenses of accommodation and treatment in nursing homes for members and their dependents. The members were reqmred to pay a monthly premium. In the assessments for the assessment years 1949-50 to 1953-54 the Income-tax Officer taxed the
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