https://www.taxtmi.com/caselaws?id=242865 The Tribunal allowed the revenue's appeals, ruling that the cooperative societies engaged in tapping and selling toddy were not eligible for deduction under Section 80P(2)(a)(vi) of the Income Tax Act. The Tribunal found that the societies did not qualify as "Co-operative Society engaged in the collective disposal of the labour of its members" as their income was derived from selling toddy, not from collective labor. The issues concerning additional disallowances were remanded back to the Ld. CIT(A) for further adjudication. en-us Fri, 17 Jan 2014 00:00:00 +0530 Wed, 22 Jan 2014 06:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242865 The Tribunal allowed the revenue's appeals, ruling that the cooperative societies engaged in tapping and selling toddy were not eligible for deduction under Section 80P(2)(a)(vi) of the Income Tax Act. The Tribunal found that the societies did not qualify as "Co-operative Society engaged in the collective disposal of the labour of its members" as their income was derived from selling toddy, not from collective labor. The issues concerning additional disallowances were remanded back to the Ld. CIT(A) for further adjudication. Case-Laws Income Tax Fri, 17 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242865