1998 INSC 0913
                                        SUPREME COURT OF INDIA

                            Madras Auto Rickshaw Drivers' Co-Operative Society

                                                           Vs.

                                           Commissioner of Income-Tax

                                        (S Bharucha and D Mohapatra JJ.)

                                                      10.12.1998

                                                       ORDER

1. Heard learned counsel for the appellant and road the judgment under appeal. While we
sympathise with what the assessee is doing, we do not think that its activity can be said to provide
"credit facilities" to its members. Therefore, the High Court has rightly held that the provisions of
Section SOP of the Income-tax Act, 1961, are not applicable. The appeals are dismissed. No order
as to costs.