9911796707
TMI Blog2007 (2) TMI 214X X X X Extracts X X X X X X X X Extracts X X X X ..... ocial interests of the labourers of that particular area who are its members, the Tribunal was not wrong in allowing the deduction as contemplated under section 80P (2)(a)(vi) to the assessee - 401 and 402 of 1995 and 133 of 1996 and 52 of 1997 - - - Dated:- 22-2-2007 - M. M. KUMAR and RAJESH BINDAL JJ. Sanjiv Bansal for the Revenue. JUDGMENT The judgment of the court wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st appellate authority granting exemption to the assessee-society under section 80P(2)(a)(vi) of the Income-tax Act, 1961 ?" 4. It is appropriate to mention that the Tribunal has accepted the plea of the assessee that the whole of its income was qualified for exemption under section 80P (2)(a)(vi) of the Act and the purpose of the society was collective disposal of labour for discharge of fina ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d view that once it had been found as a fact, on the strength of the report of auditors on record, that the assessee-society is a registered society and its purpose is of collective disposal of labour for discharge of financial and social interests of the labourers of that particular area who are its members, the Tribunal was not wrong in allowing the deduction as contemplated under section 80P(2) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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