https://www.taxtmi.com/caselaws?id=355090 The Revenue's appeal challenging the deduction under Section 80P of the Income Tax Act was allowed for statistical purposes by the Appellate Tribunal. The matter was remanded to the Assessing Officer for further verification and fresh adjudication to determine if the investments were made from surplus funds or amounts payable to members, and to consider any related expenditure. The Tribunal emphasized the need for additional investigation, directing a reassessment of the issue. en-us Wed, 07 Feb 2018 00:00:00 +0530 Fri, 09 Feb 2018 07:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355090 The Revenue's appeal challenging the deduction under Section 80P of the Income Tax Act was allowed for statistical purposes by the Appellate Tribunal. The matter was remanded to the Assessing Officer for further verification and fresh adjudication to determine if the investments were made from surplus funds or amounts payable to members, and to consider any related expenditure. The Tribunal emphasized the need for additional investigation, directing a reassessment of the issue. Case-Laws Income Tax Wed, 07 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355090