https://www.taxtmi.com/caselaws?id=37565 Cottage-industry exemption requires a co-operative society to conduct an industry in the ordinary sense, generally at or near the homes of its artisans or members. Definitions in State aid legislation are tailored to that legislation and do not conclusively determine eligibility for income-tax exemption. Servicing, repairing and rebuilding typewriters from rented premises did not meet the ordinary meaning of a cottage industry or the required home-based character. Consequently, the society was not eligible for exemption under the Income-tax Act provision governing co-operative societies engaged in cottage industries. en-us Fri, 07 Jul 1978 00:00:00 +0530 Tue, 30 Mar 2010 15:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37565 Cottage-industry exemption requires a co-operative society to conduct an industry in the ordinary sense, generally at or near the homes of its artisans or members. Definitions in State aid legislation are tailored to that legislation and do not conclusively determine eligibility for income-tax exemption. Servicing, repairing and rebuilding typewriters from rented premises did not meet the ordinary meaning of a cottage industry or the required home-based character. Consequently, the society was not eligible for exemption under the Income-tax Act provision governing co-operative societies engaged in cottage industries. Case-Laws Income Tax Fri, 07 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37565