https://www.taxtmi.com/caselaws?id=190764 The Tribunal upheld the decision of the CIT(A) and dismissed the revenue's appeal, confirming the eligibility of the cooperative society for deduction under section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal emphasized that a cooperative society not exclusively engaged in banking business and not registered with the RBI as a bank was entitled to the exemption under the mentioned provision. en-us Wed, 09 Dec 2015 00:00:00 +0530 Fri, 24 Feb 2017 19:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190764 The Tribunal upheld the decision of the CIT(A) and dismissed the revenue's appeal, confirming the eligibility of the cooperative society for deduction under section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal emphasized that a cooperative society not exclusively engaged in banking business and not registered with the RBI as a bank was entitled to the exemption under the mentioned provision. Case-Laws Income Tax Wed, 09 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190764