https://www.taxtmi.com/caselaws?id=26560 The High Court affirmed the Tribunal's decision, ruling that the assessee society was not entitled to exemption under section 80P(2)(a)(vi) of the Income-tax Act, 1961. The Court held that the society's bye-laws allowing voting rights to individuals beyond those specified in the proviso to the section did not meet the exemption conditions. Consequently, the Court found in favor of the Revenue and against the assessee, with no order as to costs. en-us Thu, 19 Sep 1985 00:00:00 +0530 Sat, 06 Feb 2010 10:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26560 The High Court affirmed the Tribunal's decision, ruling that the assessee society was not entitled to exemption under section 80P(2)(a)(vi) of the Income-tax Act, 1961. The Court held that the society's bye-laws allowing voting rights to individuals beyond those specified in the proviso to the section did not meet the exemption conditions. Consequently, the Court found in favor of the Revenue and against the assessee, with no order as to costs. Case-Laws Income Tax Thu, 19 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26560