M/S THE TOTGARS CO-OPERATIVE SALE SOCIETY LTD., vs. THE INCOME TAX OFFICER

In the result, we pass the following:

Bench: B.S PATIL,P.S.DINESH KUMAR

disallowing the claim of the appellant to deduct the cost and expenditure incurred in earning income under the head “income from other sources”. 2. The appellant is a Co-operative Society in the business of marketing agricultural produce and provide credit facilities to its members. For the assessment years 1991-92 to 1999-2000, appellant had claimed deduction under Section