Co-operative society definition clarifies registration under central or state co-operative laws affecting tax classification for entities. Co-operative society for income-tax purposes is defined to mean a society that is registered under the Co-operative Societies Act, 1912, or under any other law in force in a State for the registration of co-operative societies; registration under the central Act or any State co-operative registration statute is the operative criterion for tax classification.
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.
Co-operative society definition clarifies registration under central or state co-operative laws affecting tax classification for entities.
Co-operative society for income-tax purposes is defined to mean a society that is registered under the Co-operative Societies Act, 1912, or under any other law in force in a State for the registration of co-operative societies; registration under the central Act or any State co-operative registration statute is the operative criterion for tax classification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.