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KERALA STATE COOPERATIVE CONSUMERS FEDERATION LTD. versus COMMISSIONER OF INCOME-TAX


Business Expenses Co-operative Societies sponsored by the State Government; Receiving more than the prescribed cost by the State Government for selling the manufacturing and exercise books by the State Government to the students at the end of the year. After ordering to receive additional sale price, the State Government's obligation to collect the additional sale price was created due to a government order which would not be reduced in the accounting year, although the Assisi's Trading System Indian Income Tax. Maintained their accounts under section 37 of the Act, 1961

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