https://www.taxtmi.com/caselaws?id=37022 The court held that the assessee was not a company in which the public are substantially interested for assessment purposes as it did not meet the necessary criteria. Additionally, the contributions made by members were deemed taxable as the assessee's income, as they were considered part of the company's business activities and not casual donations. The court ruled in favor of the department, concluding that the department was entitled to costs and counsel's fees assessed at Rs. 200 each. en-us Thu, 02 Aug 1979 00:00:00 +0530 Fri, 26 Mar 2010 10:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37022 The court held that the assessee was not a company in which the public are substantially interested for assessment purposes as it did not meet the necessary criteria. Additionally, the contributions made by members were deemed taxable as the assessee's income, as they were considered part of the company's business activities and not casual donations. The court ruled in favor of the department, concluding that the department was entitled to costs and counsel's fees assessed at Rs. 200 each. Case-Laws Income Tax Thu, 02 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37022