https://www.taxtmi.com/caselaws?id=65991 The Tribunal recognized the assessee's provision of credit facilities as a significant business activity, overturning the denial of exemption under section 80P(2)(a)(i). The assessments were set aside for reassessment, directing the ITO to treat the assessee as engaged in the business of providing credit facilities and review the nature of other income. The appeals were allowed for statistical purposes. en-us Mon, 30 Jul 1984 00:00:00 +0530 Sat, 19 Feb 2011 16:59:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65991 The Tribunal recognized the assessee's provision of credit facilities as a significant business activity, overturning the denial of exemption under section 80P(2)(a)(i). The assessments were set aside for reassessment, directing the ITO to treat the assessee as engaged in the business of providing credit facilities and review the nature of other income. The appeals were allowed for statistical purposes. Case-Laws Income Tax Mon, 30 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65991