MADRAS CLUB, CHENNAI vs INCOME TAX OFFICER, CHENNAI — C.A. No. 5228/2023

Case under Section XII-B. Status: Disposed.

Disposed

CNR: SCIN010282752010

Filing Date

07-Sep-2010

Registration No

C.A. No. 5228/2023

Diary Number

28275/2010

Order Date

17-Aug-2023

Document Type

ROP - of Main Case

Disposal Type

Leave Granted & Dismissed

Last updated 07-Jul-2026

Acts & Sections

Section XII-B

Petitioner(s)

  1. 1.MADRAS CLUB, CHENNAI

    Adv. RADHA RANGASWAMY

Respondent(s)

  1. 1.INCOME TAX OFFICER, CHENNAI

    Adv. ANIL KATIYAR

Case History

  1. Case disposedDisposed

  2. 17-Aug-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  3. 13-Jul-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Prashant Kumar Mishra

  4. 12-Jul-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Prashant Kumar Mishra

  5. 11-Jul-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Prashant Kumar Mishra

  6. 25-Apr-2023

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice C.T. Ravikumar

  7. 11-Apr-2023

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice C.T. Ravikumar

  8. 21-Mar-2023

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice C.T. Ravikumar

  9. 22-Nov-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice M.M. Sundresh

  10. 18-Oct-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice M.M. Sundresh

  11. 24-Aug-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  12. 10-Aug-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  13. 03-Aug-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  14. 20-Jul-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  15. 19-Jul-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  16. 11-May-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  17. 27-Apr-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  18. 06-Apr-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  19. 23-Mar-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  20. 09-Mar-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  21. 23-Feb-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  22. 14-Feb-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  23. 17-Jan-2022

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mr. Justice Sanjiv Khanna

  24. 10-Dec-2021

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  25. 06-Dec-2021

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  26. 29-Nov-2021

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  27. 22-Nov-2021

    Fixed Date by Court

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  28. 13-Nov-2021

    Administrative Order

    Hon'ble Mr. Justice M.R. Shah and Hon'ble Mrs. Justice B.V. Nagarathna

  29. 20-Mar-2018

    Fixed Date by Court

    Hon'ble Mr. Justice A.K. Sikri and Hon'ble Mr. Justice Ashok Bhushan

  30. 20-Mar-2018

    Fixed Date by Court

    Hon'ble Mr. Justice A.K. Sikri and Hon'ble Mr. Justice Ashok Bhushan

  31. 13-Mar-2018

    First hearing

    Initial hearing scheduled

  32. 02-Aug-2013

    ROPView PDF

  33. 03-May-2013

    ROPView PDF

  34. 12-Mar-2013

    ROPView PDF

  35. 24-Jan-2013

    ROPView PDF

  36. 27-Nov-2012

    ROPView PDF

  37. 01-Oct-2012

    ROPView PDF

  38. 21-Aug-2012

    ROPView PDF

  39. 13-Jul-2012

    ROP - of Main CaseView PDF

  40. 09-Jul-2012

    ROPView PDF

  41. 20-Apr-2012

    ROPView PDF

  42. 16-Mar-2012

    ROPView PDF

  43. 16-Mar-2012

    ROPView PDF

  44. 31-Jan-2012

    ROPView PDF

  45. 16-Jan-2012

    ROP - of Main CaseView PDF

  46. 09-Dec-2011

    ROPView PDF

  47. 27-Sep-2011

    ROPView PDF

  48. 15-Sep-2011

    ROPView PDF

  49. 18-Jul-2011

    ROPView PDF

  50. 11-Jul-2011

    ROPView PDF

  51. 09-May-2011

    ROPView PDF

  52. 09-May-2011

    ROPView PDF

  53. 03-May-2011

    ROPView PDF

  54. 30-Mar-2011

    ROPView PDF

  55. 23-Feb-2011

    ROPView PDF

  56. 24-Jan-2011

    ROPView PDF

  57. 14-Jan-2011

    ROPView PDF

  58. 14-Dec-2010

    ROPView PDF

  59. 15-Nov-2010

    ROPView PDF

  60. 25-Oct-2010

    ROPView PDF

  61. 22-Sep-2010

    ROPView PDF

  62. 07-Sep-2010

    Case filed

    Registration No. C.A. No. 5228/2023

  63. 05-Aug-2010

    ROPView PDF

  64. 10-May-2010

    ROPView PDF

  65. 04-May-2010

    ROPView PDF

  66. 07-Apr-2010

    ROPView PDF

  67. 12-Mar-2010

    ROPView PDF

  68. 08-Mar-2010

    ROPView PDF

  69. 19-Feb-2010

    ROPView PDF

  70. 04-Feb-2010

    ROPView PDF

  71. 05-Jan-2010

    ROPView PDF

  72. 11-Dec-2009

    ROPView PDF

  73. [ 2023 INSC 736 ]

    Judgement - of Main CaseView PDF

Common Record of Proceedings — heard with connected matters

Lead case: C.A. No. 5195 - 5201/2012

PDF 1PDF 2PDF 3PDF 4PDF 5PDF 6PDF 7PDF 8PDF 9PDF 10PDF 11PDF 12PDF 13PDF 14PDF 15PDF 16PDF 17PDF 18PDF 19PDF 20PDF 21PDF 22PDF 23
View Full Judgment
casestatus.in Summary

Summary of Case C.A. No. 005228/2023 Madras Club, Chennai v. Income Tax Officer, Chennai The Supreme Court dismissed appeals by multiple social clubs challenging the taxability of interest earned on fixed deposits. The Court upheld the Bangalore Club precedent, holding that the doctrine of mutuality does NOT apply to interest income from bank deposits. When clubs invest surplus funds in fixed deposits, banks use these funds for commercial lending to third parties, breaking the "privity of mutuality" required for tax exemption. Interest earned constitutes taxable income under "other sources" regardless of whether depositing banks are club members. The Court rejected arguments that the earlier Cawnpore Club order created binding precedent, distinguishing between orders disposing cases without reasoned analysis versus substantive judgments. The appeals were dismissed. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

High Courts District Courts
Search Another Case