LAWS(PAT)-1985-4-4

JAMSHEDPUR CO OPERATIVE STORES LIMITED Vs. COMMISSIONER OF INCOME TAX

Decided On April 01, 1985
JAMSHEDPUR CO-OPERATIVE STORES LTD. Appellant
V/S
COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THE questions referred for opinion of this court are :

(2.) TAXATION Case No. 123 of 1975 relates to the assessment year 1969-70. TAXATION Cases Nos. 124 to 126 of 1975 relate to the assessment years 1966-67, 1967-68 and 1968-69. The assessee is a co-operative society registered under the Bihar and Orissa Co-operative Societies Act. Its objects, amongst others, were the following :

(3.) WITH those observations, the Supreme Court answered the reference in favour of the Department and against the assessee.