https://www.taxtmi.com/caselaws?id=326713 The court held that the respondent society's income from business activities was taxable before distribution to members. The orders of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal were set aside, restoring the assessing authority's order. The court ruled in favor of the Revenue, emphasizing strict compliance with fiscal laws for proper revenue collection. en-us Fri, 26 Feb 2016 00:00:00 +0530 Fri, 22 Apr 2016 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326713 The court held that the respondent society's income from business activities was taxable before distribution to members. The orders of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal were set aside, restoring the assessing authority's order. The court ruled in favor of the Revenue, emphasizing strict compliance with fiscal laws for proper revenue collection. Case-Laws Income Tax Fri, 26 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326713