https://www.taxtmi.com/caselaws?id=281900 The Tribunal ruled in favor of the Revenue, holding that the surplus earned by the assessee society from its trading activities was liable to be taxed under the proviso to section 2(15) of the Income Tax Act. The appeals of the Revenue were allowed, and the order of the Commissioner of Income Tax (Appeals) was overturned. en-us Wed, 03 Aug 2016 00:00:00 +0530 Fri, 12 Jul 2019 06:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281900 The Tribunal ruled in favor of the Revenue, holding that the surplus earned by the assessee society from its trading activities was liable to be taxed under the proviso to section 2(15) of the Income Tax Act. The appeals of the Revenue were allowed, and the order of the Commissioner of Income Tax (Appeals) was overturned. Case-Laws Income Tax Wed, 03 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281900