https://www.taxtmi.com/caselaws?id=793602 A society registered under the Societies Registration Act, 1860 was treated as falling within the statutory exception in section 167B of the Income-tax Act, so its income could not be taxed at the Maximum Marginal Rate merely on an AOP footing; tax was to be recomputed at the rates applicable to an individual. The claim for credit of tax deducted at source depended on verification of the relevant factual material and the income offered or assessed, so it was remitted to the Assessing Officer for examination. The assessment was therefore set aside to the extent it applied the Maximum Marginal Rate and required recomputation and TDS verification. en-us Wed, 17 Jun 2026 00:00:00 +0530 Fri, 19 Jun 2026 08:24:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793602 A society registered under the Societies Registration Act, 1860 was treated as falling within the statutory exception in section 167B of the Income-tax Act, so its income could not be taxed at the Maximum Marginal Rate merely on an AOP footing; tax was to be recomputed at the rates applicable to an individual. The claim for credit of tax deducted at source depended on verification of the relevant factual material and the income offered or assessed, so it was remitted to the Assessing Officer for examination. The assessment was therefore set aside to the extent it applied the Maximum Marginal Rate and required recomputation and TDS verification. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793602