https://www.taxtmi.com/caselaws?id=357103 The Tribunal concluded that the assessee, being an RRB, is deemed a Cooperative Society under Section 22 of the RRB Act and is entitled to deduction under section 80P(2)(a)(i) of the Income Tax Act. The orders of the lower authorities were set aside, and the matter was remanded to the A.O. to reframe the assessment in accordance with the law, granting the benefit to the assessee under section 80P(2)(a)(i). The Revenue's Cross Objection was dismissed, and the appeals of the assessee for the assessment years 2009-2010, 2010-2011, and 2011-2012 were allowed. en-us Mon, 08 Jan 2018 00:00:00 +0530 Fri, 16 Mar 2018 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357103 The Tribunal concluded that the assessee, being an RRB, is deemed a Cooperative Society under Section 22 of the RRB Act and is entitled to deduction under section 80P(2)(a)(i) of the Income Tax Act. The orders of the lower authorities were set aside, and the matter was remanded to the A.O. to reframe the assessment in accordance with the law, granting the benefit to the assessee under section 80P(2)(a)(i). The Revenue's Cross Objection was dismissed, and the appeals of the assessee for the assessment years 2009-2010, 2010-2011, and 2011-2012 were allowed. Case-Laws Income Tax Mon, 08 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357103