1[The State shall endeavour to promote voluntary formation, autonomous functioning, democratic control and professional management of co-operative societies.]
Constitution · India · PART IV — Directive Principles of State Policy
Article 43B Constitution Promotion of co-operative societies
The Constitution of India · Edition: Supplied Law Library page: pocket edition attributed to Legislative Department, as on 10 September 2026; imported 6 November 2026
Judgments on Article 43B
LOK 2018 (3) SC 128 · Supreme Court of India
Income Tax Officer, Mumbai v. Venkatesh Premises Cooperative Society LTD.
Equivalent citations: (2018) 15 SCC 37 : 2018 (254) Taxman 313 : 2018 (301) CurTR 514 : 2018 (402) ITR 670 : 2018 (4) Scale 427 : 2018 KHC 6202
SubjectCo-operative Societies, Income Tax
ActsIncome Tax Act, 1961 (Sections 2(24)(vii) and 133(6)); Maharashtra Co-operative Societies Act, 1960 (Section 79A); Constitution of India (Articles 43B and 243ZI)
Non-occupancy, transfer and common amenity charges collected by a co-operative society from its members and used for their common benefit are exempt from income tax under the doctrine of mutuality, even if they exceed the limits in the Maharashtra Government notification of 09.08.2001.
LOK 2015 (3) SC 191 · Supreme Court of India
Vipulbhai M. Chaudhary v. Gujarat Cooperative Milk Marketing Federation Limited and others
Subject–
ActsGujarat Cooperative Societies Act, 1961 (Section 73); Constitution of India (Articles 19 and 43B)