Revision u/s 263 - AO treated assessee taxpayer as a ...

High Court Rules "Souharda" Societies Qualify as "Cooperative Societies" u/s 2(19) of Income Tax Act.

July 22, 2023

Case Laws Income Tax AT

Revision u/s 263 - AO treated assessee taxpayer as a “cooperative society” registered u/sec.2(19) - The Revenue argues that the assessee is not a "cooperative society" but a "Souharda" society registered under state law(s). - Their lordships’ of High Court have settled the law therein that a “Souharda” cooperative society registered under the state cooperative law(s) very well forms “a cooperative society” u/sec.2(19) of the Act. - Revision order set aside - AT

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Revision u/s 263 - AO treated assessee taxpayer as a ...

High Court Rules "Souharda" Societies Qualify as "Cooperative Societies" u/s 2(19) of Income Tax Act.

July 22, 2023

Case Laws Income Tax AT

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