https://www.taxtmi.com/caselaws?id=252288 The Tribunal determined that the assessee, a co-operative society providing credit facilities to its members, is not a co-operative bank under section 80P(4) of the Income Tax Act. As the assessee did not meet the criteria of a primary co-operative bank, it was entitled to the deduction under section 80P(2)(a)(i). The Tribunal set aside the CIT(A)'s order and directed the Assessing Officer to allow the deduction. The appeal by the assessee was allowed, with the judgment pronounced on 22.8.2014. en-us Fri, 22 Aug 2014 00:00:00 +0530 Fri, 17 Oct 2014 06:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252288 The Tribunal determined that the assessee, a co-operative society providing credit facilities to its members, is not a co-operative bank under section 80P(4) of the Income Tax Act. As the assessee did not meet the criteria of a primary co-operative bank, it was entitled to the deduction under section 80P(2)(a)(i). The Tribunal set aside the CIT(A)'s order and directed the Assessing Officer to allow the deduction. The appeal by the assessee was allowed, with the judgment pronounced on 22.8.2014. Case-Laws Income Tax Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252288