https://www.taxtmi.com/caselaws?id=176777 The Tribunal held that a Co-operative bank should be considered a Cooperative Society for the purpose of section 80P(2)(d) of the Income-tax Act. The Tribunal disagreed with the CIT's interpretation, stating that a Co-operative bank is entitled to the benefits available to a Cooperative Society. Consequently, the Tribunal found that the Assessing Officer's decision was not erroneous, overturned the CIT's orders, and ruled in favor of the Assessee. en-us Fri, 06 Feb 2015 00:00:00 +0530 Mon, 28 Dec 2015 22:38:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176777 The Tribunal held that a Co-operative bank should be considered a Cooperative Society for the purpose of section 80P(2)(d) of the Income-tax Act. The Tribunal disagreed with the CIT's interpretation, stating that a Co-operative bank is entitled to the benefits available to a Cooperative Society. Consequently, the Tribunal found that the Assessing Officer's decision was not erroneous, overturned the CIT's orders, and ruled in favor of the Assessee. Case-Laws Income Tax Fri, 06 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176777