M/S. BANGALORE CLUB vs. COMMISSIONER OF INCOME TAX
SLP(C) No.-014470-014470 - 2006Supreme Court14 Jan 2013
Section 260A
7. Before we evaluate the rival stands, it would be necessary
to appreciate the general understanding of doctrine of
mutuality. The principle relates to the notion that a person
cannot make a profit from himself. An amount received
from oneself is not regarded as income and is therefore
not subject to tax; only the income which comes within the
definition
