M/s. Chelmsford Club Vs CIT (Supreme Court)

Supreme Court of India M/S. Chelmsford Club Vs Commissioner Of Income-Tax (2000) 243 ITR 89 (SC) CIT (2000) 159 CTR (SC) 235 (2000) 109 Taxman 215 (SC). DATE OF JUDGMENT: 02/03/2000 BENCH:  D.P.Wadhwa, N.S.Hegde JUDGMENT: SANTOSH HEGDE, J.  The following two questions were referred to the High Court of Delhi by the Income Tax Appellate Tribunal (for short the tribunal) in respect of assessment years 1977-78 and 1978- 79 : 1. Whether on the facts and in the circumstances of the case, the Honble Tribunal was legally correct in holding that the annual letting value of the C...