M/S. SOUTHERN TECHNOLOGIES LTD. vs. JOINT COMMNR. OF INCOME TAX, COIMBATORE
C.A. No.-001337-001337 - 2003Supreme Court11 Jan 2010
Section 145Section 2(24)Section 36(1)(vii)Section 37Section 37(1)
xviii) of clause (c) of section 2 of the Industrial
Development Bank of India Act, 1964 (18 of 1964);
(b) the purchase, or sale of any goods (other than
securities) or the providing of any services; or
(c) the purchase, construction or sale of immovable
property, so, however, that no portion of the income of
the institution is derived from