https://www.taxtmi.com/caselaws?id=68800 The Tribunal allowed all the appeals filed by the assessee, recognizing the exemption under the mutuality principle and section 80P(d) for the specified period. The Tribunal held that the income earned by the assessee was exempt based on the principles of mutuality, considering the complete identity between contributors and participators of the fund. The Tribunal also rejected the assessee's claim regarding the registration status of the Co-operative Society, as the registration was subject to obtaining a license from the RBI, which had not been granted. en-us Tue, 21 Mar 2006 00:00:00 +0530 Thu, 13 Jun 2013 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68800 The Tribunal allowed all the appeals filed by the assessee, recognizing the exemption under the mutuality principle and section 80P(d) for the specified period. The Tribunal held that the income earned by the assessee was exempt based on the principles of mutuality, considering the complete identity between contributors and participators of the fund. The Tribunal also rejected the assessee's claim regarding the registration status of the Co-operative Society, as the registration was subject to obtaining a license from the RBI, which had not been granted. Case-Laws Income Tax Tue, 21 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68800