Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1973 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1973 (3) TMI 16 - MADRAS HIGH COURTAssessee in these cases is a co-operative society registered under the Madras Co-operative Societies Act - Whether the commission received by a society on account of an agreement with the government to store fertilisers in its godowns would be exempt and whether the commission was for user or for services - Tribunal is right in holding that the assessee is entitled to the exemption claimed and that the agreement on the basis of which the amounts were received related only to the user of the godowns and the servicing was an insignificant portion of the total sum received
|