https://www.taxtmi.com/caselaws?id=19725 The Court directed the Tribunal to reevaluate the eligibility of a cooperative milk producers' union for relief under section 80P(2)(d) of the Income-tax Act, 1961, based on the principles outlined by the Supreme Court in Cambay Electric Supply Co. The Court emphasized the need to consider the entire income received, not just the computed income after deductions, and instructed a fresh assessment in line with the Supreme Court's interpretation. The case was disposed of without cost orders, leaving the final decision pending the Tribunal's reconsideration. en-us Tue, 21 Dec 1993 00:00:00 +0530 Mon, 09 Nov 2009 12:39:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19725 The Court directed the Tribunal to reevaluate the eligibility of a cooperative milk producers' union for relief under section 80P(2)(d) of the Income-tax Act, 1961, based on the principles outlined by the Supreme Court in Cambay Electric Supply Co. The Court emphasized the need to consider the entire income received, not just the computed income after deductions, and instructed a fresh assessment in line with the Supreme Court's interpretation. The case was disposed of without cost orders, leaving the final decision pending the Tribunal's reconsideration. Case-Laws Income Tax Tue, 21 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19725