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
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