2010 (4) TMI 916

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....6 and 2006-07. These appeals are directed against the orders of the Commissioner of Income-tax (Appeals) at Mysore all dated September 30, 2009. The appeals arise out of the assessments completed under section 143(3) of the Income-tax Act, 1961. The assessee-society has raised common grounds for all these three assessment years. The first contention of the assessee is that the assessee is a mutu....

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....r of Income-tax (Appeals) has erred in holding that the assessee is not eligible for deductions under section 80P(2)(a)(iii) and (iv) of the Income-tax Act 1961. The above sub-section provides exemption, in the case of a co-operative society from tax in respect of its income arising from the marketing of agri cultural produce grown by its members and purchase of agricultural implements, seeds, li....