https://www.taxtmi.com/caselaws?id=428994 The court upheld the disallowance of deductions under Section 36(1)(viii) due to the lack of share capital and the non-classification of dairy activities as agricultural or industrial development. It also upheld the disallowance of contributions to the gratuity fund due to the lack of approval. The issue of grants to cooperative societies was not examined further as it had already been resolved in favor of the assessee by the Tribunal. en-us Wed, 12 Oct 2022 00:00:00 +0530 Fri, 14 Oct 2022 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428994 The court upheld the disallowance of deductions under Section 36(1)(viii) due to the lack of share capital and the non-classification of dairy activities as agricultural or industrial development. It also upheld the disallowance of contributions to the gratuity fund due to the lack of approval. The issue of grants to cooperative societies was not examined further as it had already been resolved in favor of the assessee by the Tribunal. Case-Laws Income Tax Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428994