Case Laws Analysis Followed on ITO v. Indian Corporate Loan Securities Trust 2020 TaxPub(DT) 0815 (Mum-Trib) Followed CIT v. Duttom Enterprises 2005 TaxPub(DT) 1386 (P&H-HC) Distinguished Tata Iron and Steel Co. Ltd. v. Collector of Central Excise 2003 TaxPub(DT) 0622 (SC) Applied CIT v. Madras Race Club 1996 TaxPub(DT) 0360 (Mad-HC) Applied CIT v. A. Tosh & Sons (P) Ltd 1987 TaxPub(DT) 0795 (Cal-HC) Distinguished Madras Race Club v. CIT 1985 TaxPub(DT) 0241 (Mad-HC) Applied CIT v. Bengal Mills & Steamers Presbyterian Association 1983 TaxPub(DT) 0319 (Cal-HC) Relied CIT v. Yuvrani Premkumari & Yuvraj Udaybhansinghji 1979 TaxPub(DT) 0929 (Guj-HC) Followed CIT v. Bijli Cotton Mills (P) Ltd. 1979 TaxPub(DT) 0812 (SC) Applied CIT v. Chudgar Ranchhodlal Jethalal 1979 TaxPub(DT) 0777 (Guj-HC) Affirmed on CIT v. Tollygunge Club Ltd. 1971 TaxPub(DT) 0022 (Cal-HC) Applied on CIT v. Sitaldas Tirathdas 1961 TaxPub(DT) 0145 (SC) Relied on CIT v. Thakar Das Bhargava 1960 TaxPub(DT) 0190 (SC) Applied on Raja Bejoy Singh Dudhuria v. CIT 1933 TaxPub(DT) 0032 (Privy Council) SUBSCRIBE FOR FULL CONTENT The Tax PublishersCivil Appeal No. 578 of 19721977 TaxPub(DT) 0852 (SC) : (1977) 107 ITR 0776 : (1977) 006 CTR 0195Commissioner of Income-Tax, West Bengal. v. Tollygunge Club Ltd. SUBSCRIBE FOR FULL CONTENT