https://www.taxtmi.com/caselaws?id=364797 A primary agricultural credit society registered under the Kerala Co-operative Societies Act, 1969 remained eligible for deduction under section 80P(2)(a)(i) because the binding jurisdictional High Court precedent treated such societies, when properly classified under State co-operative law, as entitled to section 80P relief despite section 80P(4). The income-tax authorities could not re-examine that statutory classification to deny the deduction, so the assessee's claim was accepted and the Revenue's challenge failed. en-us Wed, 01 Aug 2018 00:00:00 +0530 Fri, 03 Aug 2018 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364797 A primary agricultural credit society registered under the Kerala Co-operative Societies Act, 1969 remained eligible for deduction under section 80P(2)(a)(i) because the binding jurisdictional High Court precedent treated such societies, when properly classified under State co-operative law, as entitled to section 80P relief despite section 80P(4). The income-tax authorities could not re-examine that statutory classification to deny the deduction, so the assessee's claim was accepted and the Revenue's challenge failed. Case-Laws Income Tax Wed, 01 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364797