JCIT vs Karnal Co-operative Sugar Mills Ltd.
Penalty:Concealment of income-Bona fide claim of deduction-AY 1995-96. The assessee was a co-operative sugar mill. Its claim for deduction under s.80P(2)(a)(iii) of the Income Tax Act 1961 on income earned fro [LexDoc Id : 287260]
CIT vs District Co-op Federation
Exemption: Income of a co-operative society-Income from running a cold storage-AY 1980-81. The assessee co-operative society’s income from running a cold storage was exempt from tax.
S.80P(2)(e) of the Income Tax Act 1 [LexDoc Id : 301967]
