Circular No. 9/2002 — Tax audit for cooperative societies
Date: 2002-01-01 Status: ACTIVE Category: Cooperative Banks & Societies Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)
Summary
Tax audit applicability for cooperative societies.
Key Directions
- Tax audit mandatory if turnover exceeds threshold.
- Audit under cooperative act does not substitute tax audit.
- Report before due date for filing return.
Applicability Under IT Act 2025
Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.
| Old Section (1961 Act) | New Section (2025 Act) | Consistent? |
|---|---|---|
| 44AB | 63 | Yes |
Cross-References
Act Sections
- Section 44AB
- Section 63
Related Circulars
- None identified
Key Case Law (Circular Supremacy)
- To be populated — cases where this circular was cited/applied
Full Text
Full text to be added — see raw/circulars/ for PDF when available
Source
- Official: incometaxindia.gov.in/circulars