M/S. BANGALORE CLUB vs. COMMISSIONER OF INCOME TAX

5. Mr. Joseph Vellapally, learned senior counsel appearing for the assessee strenuously urged that the assessee meets all the requirements, as laid down in The English & Scottish Joint Co-operative Wholesale Society Ltd. Vs. The Commissioner of Agricultural Income Tax, Assam1, as affirmed by this Court in Chelmsford Club Vs. Commissioner of Income Tax, Delhi2 in order to fall within