2018 (1) TMI 290 - SCH - Income Tax

Seeking review of judgment The Citizen Co-Operative Society Limited Through Its Managing Director Hyderabad Versus Assistant Commissioner of Income Tax 2017 (8) TMI 536 - SUPREME COURT as held appellant cannot be treated as a co-operative society meant only for its members and providing credit facilities to its members. We are afraid such a society cannot claim the benefit of Section 80P of the Act - Held that - As gone through the review petition and the connected papers. We do not find any merit in the review petition and the same stands dismissed.

Summary

The Supreme Court of India rejected the application for an open court hearing on a review petition seeking to review a judgment passed in a civil appeal on 08.08.2017. The review petition was found to lack merit and was dismissed.