Search Results Page
Search Results
1 - 7 of 7 (0.22 seconds)The Banking Regulation Act, 1949
Section 260A in The Income Tax Act, 1961 [Entire Act]
Electro Urban Co-Operative Credit ... vs Income-Tax Officer on 26 September, 2000
(S.M.K., J.) (D.K.K., J.)
09.08.2016
Index : Yes / No
Internet : Yes / No
avr
To
The Salem Agricultural Producers
Co-operative Marketing Society Ltd.
305, Suramangalam Main Road
Salem - 636 009
S.MANIKUMAR, J
AND
D.KRISHNAKUMAR, J
avr
Tax Case Appeal Nos.3
and 4 of 2015
09.08.2016
The Meghalaya Co-operative Societies Act
The Chirakkal Service Co-Operative ... vs The Commissioner Of Income Tax on 28 February, 2013
In the recent decision of the Kerala High Court, in the case of Chirakkal Service Co-operative Bank Ltd., Kannur vs. the Commissioner of Income Tax, reported in (2016) 68 taxmann.com.298 (Kerala), the High Court considered similar substantial questions of law (Issue No.A) raised by the assessee, regarding the entitlement for exemption under sub section (4) of Section 80P. By considering the fact that the assessee is a primary agricultural society, the Kerala High Court has answered the substantial question of law in favour of the assessee and held that the primary agricultural credit societies, registered as such under the KCS Act and classified so under that Act, including the appellants, are entitled to such exemption. Therefore, the aforesaid decisions is applicable to the instant case.
Section 5 in The Banking Regulation Act, 1949 [Entire Act]
1