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2002 (9) TMI 53 - MADRAS HIGH COURTMutual Concern - "1. Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the principle of mutuality is not satisfied in this case? 2. Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that income arises only from those who have taken loans and hence the right to receive a portion of the income by those who have not taken the loans but have made deposits to the assessee vitiates the principle of mutuality?" "1. Whether, the Tribunal was right in law in allowing the assessee's claim for deduction of interest on the deposits to the members of the society for the assessment years 1989-90 to 1991-92? - 2. Whether the Tribunal was right in law and had valid materials to hold that the assessee had satisfied the test of mutuality for the assessment year 1991-92 and accordingly its income is eligible for exemption for the assessment year 1991-92 on that basis?"
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