https://www.taxtmi.com/caselaws?id=30730 The Punjab and Haryana High Court, in a judgment by M. M. Kumar J., ruled in favor of the assessee-society in I. T. R. Nos. 401 and 402 of 1995, 133 of 1996, and 52 of 1997. The court upheld the Income-tax Appellate Tribunal's decision allowing exemption under section 80P(2)(a)(vi) for the society's collective disposal of labor for members' interests. Finding compliance with statutory conditions and the society's purpose, the court rejected the Revenue's claim of non-compliance, emphasizing factual fulfillment of exemption criteria. This case clarifies the application of section 80P(2)(a)(vi) for societies engaged in labor welfare activities, highlighting the importance of meeting statutory requirements for tax benefits. en-us Thu, 22 Feb 2007 00:00:00 +0530 Thu, 18 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30730 The Punjab and Haryana High Court, in a judgment by M. M. Kumar J., ruled in favor of the assessee-society in I. T. R. Nos. 401 and 402 of 1995, 133 of 1996, and 52 of 1997. The court upheld the Income-tax Appellate Tribunal's decision allowing exemption under section 80P(2)(a)(vi) for the society's collective disposal of labor for members' interests. Finding compliance with statutory conditions and the society's purpose, the court rejected the Revenue's claim of non-compliance, emphasizing factual fulfillment of exemption criteria. This case clarifies the application of section 80P(2)(a)(vi) for societies engaged in labor welfare activities, highlighting the importance of meeting statutory requirements for tax benefits. Case-Laws Income Tax Thu, 22 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30730