https://www.taxtmi.com/caselaws?id=384466 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income Tax (Appeals) (CIT(A)) in favor of the assessee on all issues, including the disallowance of payment of education fund, claim of payment to members of welfare fund, special long-term finance fund, and investment depreciation. The ITAT emphasized the cooperative society principles, past tribunal rulings, legal precedents, and the importance of maintaining good relations with members. The revenue's appeals were dismissed, affirming the decisions based on established legal interpretations and case law. en-us Tue, 06 Aug 2019 00:00:00 +0530 Wed, 14 Aug 2019 07:05:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384466 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income Tax (Appeals) (CIT(A)) in favor of the assessee on all issues, including the disallowance of payment of education fund, claim of payment to members of welfare fund, special long-term finance fund, and investment depreciation. The ITAT emphasized the cooperative society principles, past tribunal rulings, legal precedents, and the importance of maintaining good relations with members. The revenue's appeals were dismissed, affirming the decisions based on established legal interpretations and case law. Case-Laws Income Tax Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384466