https://www.taxtmi.com/caselaws?id=364657 The tribunal partially allowed the appeal, directing the AO to reassess the eligibility for deduction under Section 80P. The tribunal emphasized the importance of considering the Supreme Court's guidance on mutuality and member classification, highlighting the need for a fair opportunity for the assessee to present its case. The tribunal's decision was influenced by recent case law discussions on cooperative societies' eligibility for deductions under Section 80P. en-us Tue, 31 Jul 2018 00:00:00 +0530 Wed, 01 Aug 2018 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364657 The tribunal partially allowed the appeal, directing the AO to reassess the eligibility for deduction under Section 80P. The tribunal emphasized the importance of considering the Supreme Court's guidance on mutuality and member classification, highlighting the need for a fair opportunity for the assessee to present its case. The tribunal's decision was influenced by recent case law discussions on cooperative societies' eligibility for deductions under Section 80P. Case-Laws Income Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364657