Totgars cooperative sale society
WebR The Totagars Co-Operative Sale Society, ... BETWEEN: M/S THE TOTGARS CO-OPERATIVE SALE SOCIETY, REP. BY ITS GENERAL MANAGER SRI.RAVEESH ACHUT HEGDE, TSS BUILDING, NEW MARKET YARD, SIRSI 581402. ... APPELLANT (By Sri. ... of Section 80P … The Totgars' Cooperative Sale Society Limited is a farmer's co-operative founded in 1923. It is located in Sirsi taluka of Uttara Kannada district of Karnataka an Indian state. The society had 23,000 members as mentioned in an end of 2016 news story. It is the second oldest betel nut cooperative in Karnataka. See more The word totgar means orcharder in Kannada. See more Amongst the following are the activities of the society: • Commission agent at Sirsi betel trading yard Sirsi with the … See more The society started as "Sirsi Totgar's Co-operative Purchase-Distributive Credit Society Limited" in 1923. In 1929 it became "The Totgars' Co-operative Sale Society Limited. See more
Totgars cooperative sale society
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WebAug 27, 2014 · The aforesaid wide meaning, as suggested, would also be contrary to the dicta and the ratio of the decision in Totgars' Cooperative Sale Society Ltd. (supra). 10. As far as principle of mutuality is concerned, this would not have any application in view of sub-section (24), sub-clause (viia) to Section 2 of the Act. Websame. TSS became one of the prominent societies during the chairmanship of Shripad Hegde Kadave, who navigated the organisation for 15 years, from 1960-1975. TSS is now guided by Shantarm V Hegde, who has been awarded the Sahakari Ratna in 2004 by the …
WebMar 25, 2015 · Totgars Co-Operative Sale Society Ltd. v/s Income-tax officer, Ward -1, Sirsi IT Appeal Nos. 1568 to 1575 of 2005 Decided On, 25 March 2015. ... 2.The appellant is a Co-operative Society in the business of marketing agricultural produce and provide credit facilities to its members. WebJan 11, 2024 · The judgment of the Hon’ble Apex Court in the case of M/s Totgars Cooperative Sales Society Ltd. (supra) relied by the CIT(A) is distinguishable on facts. The Hon’ble Apex Court in the case of M/s Totgars Cooperative Sales Society Ltd (supra) was dealing with the case where the assessee apart from providing credit facilities to its …
WebThe assessee(s) further contended, before us, that, under Regulations 23 and 28 read with Sections 57 and 58 of the Karnataka Cooperative Societies Act, 1959, a statutory obligation was imposed on cooperative credit societies to invest its surplus funds in specified … WebDec 27, 2024 · Despite a few contrary rulings by the Karnataka High Court and Delhi High Court, there are various tribunal which has distinguished the SC judgement in the case of Totgars Cooperative Sale Society Ltd and allowed deduction u/s. 80P(2)(a)(i) & 80P(2)(d) in respect of interest income on its investment. Here is one more judgement by ITAT Pune.
WebIndustry: Agriculture sector. Totgars' Co-operative Sale Society (TSS) is an arecanut marketing co-operative headquartered at Sirsi in Uttara Kannada (UK) district of Karnataka, India. As on March 31, 2024, it had more than 30,000 members (including both primary … datamed ocupacionalWebFeb 11, 2010 · The Totgars’ Cooperative vs. ITO (Supreme Court) Interest on surplus funds is “other income” and not eligible for dedn u/s 80P. The assessee, a co-op credit society, was engaged in providing credit facilities to its members and also marketing the agricultural … martini\u0027s pizza phone numberWebMar 11, 2024 · Totgars’ Cooperative Sale Society Ltd., Sirsi, is the registered proprietor of the GI. The Registrar of Geographical Indications, under the Union government, Chennai issued the certificate to ... martini\u0027s pizza vancouverWebIndustry: Agriculture sector. Totgars' Co-operative Sale Society (TSS) is an arecanut marketing co-operative headquartered at Sirsi in Uttara Kannada (UK) district of Karnataka, India. As on March 31, 2024, it had more than 30,000 members (including both primary agricultural co-operative societies (PACS) and individuals), total turnover of ... martini\u0027s pizzaWebFeb 6, 2024 · Incidentally, Pingara FPO was inspired by the Doti training workshops organised by Tyagli Gramagala Seva Sahkari Sangha Limited, Yaddali Society, Totgars’ Cooperative Sale Society in Uttara ... martini\u0027s pizza menuWebThe Totagars'Co-Operative Sale Society , Sirsi , Uttar Kannada, Karnataka. Login . Log in. Remember Me. Forgot Username or Password? 08384-236371; ... Best Marketing Society 2005 Best Co-Operative Society 2007 Best Marketing Society By KDCC BANK. An ISO … datameer competitionWebMar 10, 2024 · 9. The Hon’ble Supreme Court in the case of the The Totgars Cooperative Sale Society Ltd. Vs. ITO 322 ITR 283 (SC) held that Income from utilisation of surplus funds was taxable under the head income from other sources, and therefore not eligible for deduction u/s 80P. The Hon’ble Karnataka High Court in case of Tumkur Merchants … martini\\u0027s pizza menu