Bombay High Court Dismisses Income Tax Appeal, Upholds Tribunal's Deletion of Addition for Education Fund and Remand for College Fund. Contributions to Education Fund Under Section 68 of Maharashtra Co-operative Societies Act Deemed Not Income; College Fund Issue Remanded to Determine Factual Basis.
4 Jul 2005The appeal before the Bombay High Court was filed by the Revenue under Section 260A of the Income Tax Act, 1961, challenging the order of the Income T...
