https://www.taxtmi.com/caselaws?id=12269 The High Court affirmed the entitlement of the assessee-society to a deduction under section 80P(2)(a)(ii) of the Income Tax Act. The court emphasized the society's control over the manufacturing activities of weavers through primary societies, indicating engagement in cottage industry. Relying on decisions by various High Courts and the Supreme Court, the court dismissed the Revenue's argument that only members of the society, not members of member societies, are entitled to the deduction. The judgment highlighted legislative intent to support weavers and cooperative societies, ultimately upholding the Commissioner's decision and allowing the deduction for the assessee-society. en-us Fri, 15 Feb 2002 00:00:00 +0530 Sat, 20 Feb 2010 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12269 The High Court affirmed the entitlement of the assessee-society to a deduction under section 80P(2)(a)(ii) of the Income Tax Act. The court emphasized the society's control over the manufacturing activities of weavers through primary societies, indicating engagement in cottage industry. Relying on decisions by various High Courts and the Supreme Court, the court dismissed the Revenue's argument that only members of the society, not members of member societies, are entitled to the deduction. The judgment highlighted legislative intent to support weavers and cooperative societies, ultimately upholding the Commissioner's decision and allowing the deduction for the assessee-society. Case-Laws Income Tax Fri, 15 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12269