https://www.taxtmi.com/caselaws?id=28268 The court confirmed that the income was assessable as "income from other sources" as it did not fit into any specific category under the Income Tax Act. The income was exempt from tax based on the principle of mutuality, indicating that the income derived from members for club facilities was not taxable. The case was remanded to the Tribunal for further proceedings in line with the court's decision, with the assessee awarded costs of Rs. 250. en-us Fri, 28 Jan 1983 00:00:00 +0530 Sat, 20 Jun 2026 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28268 The court confirmed that the income was assessable as "income from other sources" as it did not fit into any specific category under the Income Tax Act. The income was exempt from tax based on the principle of mutuality, indicating that the income derived from members for club facilities was not taxable. The case was remanded to the Tribunal for further proceedings in line with the court's decision, with the assessee awarded costs of Rs. 250. Case-Laws Income Tax Fri, 28 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28268