Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Exemption for cooperative society dividends removed from statute, altering tax treatment of those dividend receipts. Section 82 originally provided a tax exemption for dividends received by a member of a co operative society; the provision has since been omitted by subsequent finance legislation, removing that specific statutory exemption and leaving the tax treatment of such dividends to be governed by the remaining provisions and general principles of the Income tax Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption for cooperative society dividends removed from statute, altering tax treatment of those dividend receipts.
Section 82 originally provided a tax exemption for dividends received by a member of a co operative society; the provision has since been omitted by subsequent finance legislation, removing that specific statutory exemption and leaving the tax treatment of such dividends to be governed by the remaining provisions and general principles of the Income tax Act.
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