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Case Name : CIT Vs Tamilnadu Cooperative Housing Federation Ltd. (Madras High Court)
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CIT Vs Tamilnadu Cooperative Housing Federation Ltd. (Madras High Court) Introduction: In a significant legal development, the Madras High Court recently delivered a noteworthy judgment in the case of CIT vs. Tamilnadu Cooperative Housing Federation Ltd. This ruling pertains to a Tax Case Appeal filed under Section 260A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal, Madras ‘D’ Bench, dated 20.02.2014 (ITA No.2185/Mds/2013). Detailed Analysis: The crux of the matter revolves around two pivotal questions of law raised in the appeal: (i) Deduc...
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