Supreme Court · 1960 INSC 231 · Decided 30 November 1960
Delhi Stock Exchange Association LTD. v. Commissioner of Income Tax, Delhi
- Court
- Supreme Court of India
- Citation
- 1960 INSC 231 · [1961] 2 S.C.R. 798
- Case number
- CIVIL APPEAL No. 187/1960
- Decided
- 30 November 1960
- Bench
- J.L. KAPUR, M. HIDAYATULLAH, J.C. SHAH (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
COURT REPORTS (1961] In our opinion the High Court was in error and the question referred should have been decided in favour Ch . Mahar~jsa of the appellant. We therefore allow the appeal, set inta111a•U aran . . . Nath Sah Deo aside the judgment and order of the High Court and v. answer the DELHI STOCK EXCHANGE ASSOCIATJON LTD. v . COMMISSIONER OF INCOME TAX, DELHI (J. L. KAPUR, M. HIDAYATULLAH and J.C. SHAH, JJ.) Income-tax-Assessment-Company running a Stock Exchange and dealing in shares-Admissionfees of Members and Authorised Assistants-If taxable income. The object with which
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)