https://www.taxtmi.com/caselaws?id=266159 The Tribunal allowed the appeal of a Cooperative Society against the disallowance of deduction under section 80P(2)(a)(i) of the Act for A.Y. 2009-10. The Tribunal held that the appellant, not being a Cooperative Bank but providing credit facilities to members, was entitled to the deduction as per section 80P(2) of the Act. Relying on precedents, including a Karnataka High Court decision, the Tribunal directed the Assessing Officer to allow the deduction claimed by the appellant, setting aside the Ld. CIT(A)'s decision. The appeal was allowed, and the order was pronounced on 15.6.2015. en-us Mon, 15 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266159 The Tribunal allowed the appeal of a Cooperative Society against the disallowance of deduction under section 80P(2)(a)(i) of the Act for A.Y. 2009-10. The Tribunal held that the appellant, not being a Cooperative Bank but providing credit facilities to members, was entitled to the deduction as per section 80P(2) of the Act. Relying on precedents, including a Karnataka High Court decision, the Tribunal directed the Assessing Officer to allow the deduction claimed by the appellant, setting aside the Ld. CIT(A)'s decision. The appeal was allowed, and the order was pronounced on 15.6.2015. Case-Laws Income Tax Mon, 15 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266159