Income from Toddy Tapping is eligible for deduction U/s. 80P

M/s. Kuthuparamba Range Kalluchethu Vyavasaya  Thozhilali Sahakarana Sangham Ltd. Vs CIT (Kerala High Court) Regulatory regime under the Abkari Act would also be not relevant in deciding whether the Society would be entitled to the exemption as available under Section 80P. The Society comprised of the members, who are said to be tapping workers, extracts toddy from the trees owned by its own members and others. When such extraction of toddy is carried on from the trees belonging to the members of the Society, it is definitely an agricultural produce grown by its members. Vending of such pro...