https://www.taxtmi.com/caselaws?id=9316 The court held that the income from ginning and pressing activities of the co-operative society with the aid of power was not exempt under section 81(i)(c) of the Income-tax Act, as it stood before the 1968 amendment. The court ruled in favor of the revenue, stating that profits exceeding Rs. 15,000 from these activities were taxable. en-us Mon, 24 Sep 1973 00:00:00 +0530 Sun, 21 Jun 2009 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9316 The court held that the income from ginning and pressing activities of the co-operative society with the aid of power was not exempt under section 81(i)(c) of the Income-tax Act, as it stood before the 1968 amendment. The court ruled in favor of the revenue, stating that profits exceeding Rs. 15,000 from these activities were taxable. Case-Laws Income Tax Mon, 24 Sep 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9316