https://www.taxtmi.com/caselaws?id=461518 A society registered under the Karnataka Souharda Sahakari Act, 1997 was treated as a co-operative society for income-tax purposes because Section 2(19) of the Income-tax Act uses broad language covering societies registered under any State law for registration of co-operative societies. The Court relied on the earlier Division Bench view, the statutory text, and the constitutional policy favouring a purposive construction of the co-operative movement. On that basis, the society was held entitled to the benefit of Section 194A(3)(v), and the show-cause notice under Sections 201(1) and 201(1A) was unsustainable and liable to be quashed. en-us Tue, 19 Mar 2024 00:00:00 +0530 Thu, 10 Apr 2025 19:26:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461518 A society registered under the Karnataka Souharda Sahakari Act, 1997 was treated as a co-operative society for income-tax purposes because Section 2(19) of the Income-tax Act uses broad language covering societies registered under any State law for registration of co-operative societies. The Court relied on the earlier Division Bench view, the statutory text, and the constitutional policy favouring a purposive construction of the co-operative movement. On that basis, the society was held entitled to the benefit of Section 194A(3)(v), and the show-cause notice under Sections 201(1) and 201(1A) was unsustainable and liable to be quashed. Case-Laws Income Tax Tue, 19 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461518