https://www.taxtmi.com/caselaws?id=351118 The Tribunal upheld the CIT(A)'s decision to grant deduction u/s 80P(2) to the assessee, a Primary Agricultural Credit Society under the Kerala Co-operative Societies Act, in appeals against the Revenue's denial for the assessment years 2008-2009, 2010-2011, and 2011-2012. Relying on the Hon'ble Kerala High Court's judgment, the Tribunal affirmed that the assessee was entitled to the deduction, emphasizing the classification under the State law. The Tribunal's decision aligned with legal interpretations and precedents, dismissing Revenue's appeals and upholding the deduction for the assessee-society. en-us Thu, 16 Nov 2017 00:00:00 +0530 Mon, 20 Nov 2017 07:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351118 The Tribunal upheld the CIT(A)'s decision to grant deduction u/s 80P(2) to the assessee, a Primary Agricultural Credit Society under the Kerala Co-operative Societies Act, in appeals against the Revenue's denial for the assessment years 2008-2009, 2010-2011, and 2011-2012. Relying on the Hon'ble Kerala High Court's judgment, the Tribunal affirmed that the assessee was entitled to the deduction, emphasizing the classification under the State law. The Tribunal's decision aligned with legal interpretations and precedents, dismissing Revenue's appeals and upholding the deduction for the assessee-society. Case-Laws Income Tax Thu, 16 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351118