Cooperative Society Wins Tax Case on Oil Cakes Transfer: Tribunal Order Set Aside

The High Court of Madras allowed the petition of a cooperative society in a tax assessment case involving the turnover of oil cakes, ruling that the transfer of cakes to members did not constitute sales. The court set aside the Appellate Tribunal's order on the turnover amount and fixed the counsel's fee at Rs. 100.

---

---

The High Court of Madras allowed the petition of the assessee, a cooperative society, in a tax assessment case involving the turnover of oil cakes. The court held that the transfer of cakes to members did not constitute sales. The order of the Appellate Tribunal regarding the turnover amount was set aside. The counsel's fee was fixed at Rs. 100. (Case citation: 1955 (3) TMI 23 - MADRAS HIGH COURT)

---