https://www.taxtmi.com/caselaws?id=272174 The Tribunal partly allowed the Revenue's appeals, dismissing the assessee's cross objections. It upheld the CIT(A)'s decision to allow deduction under section 80P(2)(a)(i) for interest income and other profits, citing compliance with the Maharashtra Co-operative Societies Act and aligning with relevant High Court precedents. The Tribunal did not address the proportionate expenditure issue or the deduction under section 80P(2)(d) as it affirmed the primary deduction under section 80P(2)(a)(i). en-us Fri, 29 Jan 2016 00:00:00 +0530 Thu, 31 Jan 2019 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272174 The Tribunal partly allowed the Revenue's appeals, dismissing the assessee's cross objections. It upheld the CIT(A)'s decision to allow deduction under section 80P(2)(a)(i) for interest income and other profits, citing compliance with the Maharashtra Co-operative Societies Act and aligning with relevant High Court precedents. The Tribunal did not address the proportionate expenditure issue or the deduction under section 80P(2)(d) as it affirmed the primary deduction under section 80P(2)(a)(i). Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272174