https://www.taxtmi.com/caselaws?id=369062 The Tribunal allowed the appeal for statistical purposes, setting aside the Commissioner's order and directing reassessment by the Assessing Officer. The denial of deduction under section 80P(2) of the Income Tax Act was due to the assessee's registration as a cooperative under the Souhardha Sahakari Act, not as a cooperative society under the Co-operative Societies Act. The Tribunal emphasized the distinction between cooperatives and cooperative societies, ruling that without proper registration under the Co-operative Societies Act, the deduction claim as a cooperative society could not be allowed under section 80P. en-us Mon, 15 Oct 2018 00:00:00 +0530 Sat, 20 Oct 2018 09:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369062 The Tribunal allowed the appeal for statistical purposes, setting aside the Commissioner's order and directing reassessment by the Assessing Officer. The denial of deduction under section 80P(2) of the Income Tax Act was due to the assessee's registration as a cooperative under the Souhardha Sahakari Act, not as a cooperative society under the Co-operative Societies Act. The Tribunal emphasized the distinction between cooperatives and cooperative societies, ruling that without proper registration under the Co-operative Societies Act, the deduction claim as a cooperative society could not be allowed under section 80P. Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369062