https://www.taxtmi.com/caselaws?id=20120 The court upheld the decision of the Appellate Tribunal that a co-operative society of graduate engineers did not qualify for a deduction under section 80P(2)(a)(vi) of the Income-tax Act as its income did not directly result from the labour of its members. The judgment clarified that the society's income must be derived from the specialized labour of its members to be exempt. The court dismissed the writ application, affirming the Tribunal's ruling. en-us Tue, 05 Apr 1994 00:00:00 +0530 Wed, 11 Nov 2009 17:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20120 The court upheld the decision of the Appellate Tribunal that a co-operative society of graduate engineers did not qualify for a deduction under section 80P(2)(a)(vi) of the Income-tax Act as its income did not directly result from the labour of its members. The judgment clarified that the society's income must be derived from the specialized labour of its members to be exempt. The court dismissed the writ application, affirming the Tribunal's ruling. Case-Laws Income Tax Tue, 05 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20120