https://www.taxtmi.com/highlights?id=71050 Revision u/s 263 - AO treated assessee taxpayer as a “cooperative society” registered u/sec.2(19) - The Revenue argues that the assessee is not a "cooperative society" but a "Souharda" society registered under state law(s). - Their lordships’ of High Court have settled the law therein that a “Souharda” cooperative society registered under the state cooperative law(s) very well forms “a cooperative society” u/sec.2(19) of the Act. - Revision order set aside - AT en-us Sat, 22 Jul 2023 23:07:19 +0530 Sat, 22 Jul 2023 23:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71050 Revision u/s 263 - AO treated assessee taxpayer as a “cooperative society” registered u/sec.2(19) - The Revenue argues that the assessee is not a "cooperative society" but a "Souharda" society registered under state law(s). - Their lordships’ of High Court have settled the law therein that a “Souharda” cooperative society registered under the state cooperative law(s) very well forms “a cooperative society” u/sec.2(19) of the Act. - Revision order set aside - AT Highlights Income Tax Sat, 22 Jul 2023 23:07:19 +0530 https://www.taxtmi.com/highlights?id=71050