https://www.taxtmi.com/caselaws?id=173269 The court upheld the respondent Co-operative Society's claim for deduction under Section 80P(2)(vi) of the Income Tax Act for engaging in civil construction work and trading construction materials. The court found that the claim raised through a letter was equivalent to a revised return and that the Society qualified for the deduction due to the collective disposal of labor by its construction worker members. The technical objection regarding the non-filing of a revised return was dismissed, leading to the Tribunal's decision to grant deduction on the entire income of the Society for the relevant years. en-us Thu, 29 Oct 2009 00:00:00 +0530 Mon, 25 Sep 2023 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173269 The court upheld the respondent Co-operative Society's claim for deduction under Section 80P(2)(vi) of the Income Tax Act for engaging in civil construction work and trading construction materials. The court found that the claim raised through a letter was equivalent to a revised return and that the Society qualified for the deduction due to the collective disposal of labor by its construction worker members. The technical objection regarding the non-filing of a revised return was dismissed, leading to the Tribunal's decision to grant deduction on the entire income of the Society for the relevant years. Case-Laws Income Tax Thu, 29 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173269