Tuesday, September 8, 2020

Bangalore Club not liable to pay wealth tax: Supreme Court elaborates of application of Section 21AA of Wealth Tax Act [Read Judgment]

The Supreme Court held that Bangalore Club is not liable to pay wealth tax under the Wealth Tax Act, 1957. The Appellant, Bangalore Club founded in 1868 by a group of British officers with the objective to provide for its Members, social, cultural, sporting, recreational, and other facilities; to promote camaraderie and fellowship among its […]

from Taxscan | Simplifying Tax Laws https://ift.tt/327xvI3

No comments:

Post a Comment