https://www.taxtmi.com/caselaws?id=253366 The Tribunal determined that the assessee is a cooperative credit society, not a cooperative bank, making it eligible for deductions under Section 80P(2)(a)(i) of the Income Tax Act. The appeal by the Revenue was dismissed, affirming the CIT (A)'s decision. The judgment clarified the distinction between cooperative banks and cooperative credit societies, confirming the latter's entitlement to tax deductions under the specified provision. en-us Wed, 19 Nov 2014 00:00:00 +0530 Sat, 22 Nov 2014 08:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253366 The Tribunal determined that the assessee is a cooperative credit society, not a cooperative bank, making it eligible for deductions under Section 80P(2)(a)(i) of the Income Tax Act. The appeal by the Revenue was dismissed, affirming the CIT (A)'s decision. The judgment clarified the distinction between cooperative banks and cooperative credit societies, confirming the latter's entitlement to tax deductions under the specified provision. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253366