https://www.taxtmi.com/caselaws?id=71538 The Tribunal ruled that co-operative societies are excluded from section 40A(2)(a) of the Income-tax Act and should not be treated as Associations of Persons. The appeal was partially allowed, with relief granted on the section 40A(2)(a) issue. Additionally, the Tribunal directed a re-examination of the nature of non-refundable deposits based on a Special Resolution. Other grievances, such as Guest House Expenses, were dismissed, and a 25% disallowance for function expenses was directed. en-us Thu, 03 Dec 1998 00:00:00 +0530 Mon, 25 Apr 2011 15:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71538 The Tribunal ruled that co-operative societies are excluded from section 40A(2)(a) of the Income-tax Act and should not be treated as Associations of Persons. The appeal was partially allowed, with relief granted on the section 40A(2)(a) issue. Additionally, the Tribunal directed a re-examination of the nature of non-refundable deposits based on a Special Resolution. Other grievances, such as Guest House Expenses, were dismissed, and a 25% disallowance for function expenses was directed. Case-Laws Income Tax Thu, 03 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71538