Home Case Index All Cases Income Tax Income Tax + SC Income Tax - 1986 (11) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1986 (11) TMI 40 - SC - Income TaxWhether the High Court of Andhra Pradesh could not have taken the view that occupation or user of lands and buildings for the purpose of running horse races and for training the horses, etc., constitutes occupation or user of the property for a " charitable " purpose? Whether the general tax could have been lawfully levied for the assessment year 1966-67? Held that:- The judgment of the High Court in so far as the High Court holds that section 202(1)(b) is attracted must, therefore, be reversed and set aside. We are of the opinion that the user of the premises for the Race Course Club will not constitute occupation or user for charitable purpose within the meaning of section 202(1)(b) and the Race Course Club will not be entitled to claim exemption from levy of general tax. The valuation made by the Small Causes Court has been confirmed by the High Court. We see no reason to interfere with the valuation as made by the Small Causes Court and confirmed by the High Court. Accordingly, in so far as these two points are concerned, the decision rendered by the High Court must be confirmed. Appeals allowed in part.
|