https://www.taxtmi.com/caselaws?id=17124 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The court emphasized the grassroots level production and the direct connection between the primary societies and the apex society, qualifying the activities as cottage industry under section 80P(2)(a)(ii) of the Income-tax Act, 1961. The judgment distinguished the case from precedents and highlighted the unique nature of the cooperative activities involved, ultimately granting the exemption eligibility based on cottage industry activities. en-us Thu, 18 Apr 1996 00:00:00 +0530 Tue, 15 Sep 2009 13:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17124 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The court emphasized the grassroots level production and the direct connection between the primary societies and the apex society, qualifying the activities as cottage industry under section 80P(2)(a)(ii) of the Income-tax Act, 1961. The judgment distinguished the case from precedents and highlighted the unique nature of the cooperative activities involved, ultimately granting the exemption eligibility based on cottage industry activities. Case-Laws Income Tax Thu, 18 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17124