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Supreme Court Dismisses Suit Seeking Declaration of Trust Over Wrestling Ground; Dedication for Promotion of Wrestling Not a Valid Charitable Trust Under Hindu Law. Dominant Purpose of Trust Was to Encourage Wrestling, Not a Religious or Charitable Purpose Recognized Under Hindu Law.

The dispute concerned a groveland in Kanpur with an Akhara (wrestling ground) and structures, which were dedicated by Mani Ram, a wrestler, for the pr...

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Supreme Court Upholds Validity of Excise Duty on Rubber Users Under the Rubber Act, 1947. Levy Valid as Excise Duty on Production Can Be Collected from Users and Act Contains Sufficient Policy Guidance Against Excessive Delegation.

The case involved a challenge by Jullundur Rubber Goods Manufacturers’ Association, an association of rubber chappal manufacturers in Jullundur, Pun...

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Supreme Court Dismisses Appeal of Returned Candidate in Election Dispute Over Invalid Votes. Inclusion of Voters in Electoral Roll After Last Date for Filing Nomination Was Void Under Section 23(3) of the Representation of the People Act, 1950, Affecting Election Result.

The dispute arose from the election to the Bihar Legislative Council from the Darbhanga Local Authorities Constituency. The appellant, Baidyanath Panj...

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Supreme Court Dismisses Assessee in Income Tax Matter as Loss from Share Sale Not Arising in Ordinary Course of Business. Assessee Purchased Shares at Above Market Price as Part of Scheme for Acquisition of Managing Agency, Making Transaction Extraordinary.

The assessee, Star Company Limited, was a public limited company engaged in the business of dealing in shares and securities. During the assessment ye...

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Supreme Court Upholds Expenditure Tax Act Classification Between Hindu and Mappilla Undivided Families. Differential Treatment of Hindu Undivided Families and Mappilla Families Under Marumakkattayam Law is Not Discriminatory Under Article 14 of Constitution of India, 1950.

The case concerned a challenge under Article 14 of the Constitution to Section 3(1) of the Expenditure-tax Act, 1957. The appellant was the karta of a...

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Supreme Court Upholds Assessee in Income Tax Case on Remuneration of Karta as Managing Partner. Remuneration Paid for Personal Qualifications Not Assessable as Hindu Undivided Family Income Under Indian Income-tax Act, 1922.

The dispute concerned the tax treatment of remuneration received by the karta of a Hindu Undivided Family (HUF) as managing partner of two firms in wh...

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Supreme Court Dismisses Petition by Agent of Non-Resident Challenging Advance Tax Demand under Income-tax Act, 1961. Agent of Non-Resident is a Representative Assessee Liable to Pay Advance Tax under Sections 207-212, and Such Liability Does Not Infringe Article 14 of Constitution.

The Premier Automobiles Ltd. petitioned the Supreme Court under Article 32 of the Constitution challenging a demand for advance tax as agent of a non-...

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Supreme Court Dismisses Revenue Appeal in Wealth Tax Case Concerning Leasehold Interest in Salt Pans. Precarious Lease Terminable Annually Held Not to Be an 'Asset' Under Section 2(e)(v) of Wealth-tax Act, 1957, as Interest is Available for Period Not Exceeding Six Years from Valuation Date.

The case arose from a wealth tax assessment for the year 1959-60 where the Wealth-tax Officer computed the value of the respondent-assessee's leasehol...