2003 (3) TMI 3 - SUPREME COURT

Co-operative society - constitutional validity of section 80P(2)(a)(iii) - grant of deduction of the profits made by the societies by the marketing of agricultural produce - submission of the appellant as to the possible adverse economic impact of the amendment on farmers and primary societies is not a consideration which is relevant to a decision on its validity, particularly when there is no factual basis for such assertion is laid