https://www.taxtmi.com/caselaws?id=372679 The Tribunal allowed the appeal filed by the revenue for statistical purposes, remanding the matter to the Assessing Officer for a fresh assessment. The Tribunal emphasized the need to consider conflicting judgments and legal provisions related to the cooperative bank status and eligibility for deductions under section 80P (2). The Tribunal highlighted the importance of distinguishing between funds sourced from the assessee's own funds and liabilities for bank deposits in determining the nature of the assessee Society. en-us Fri, 16 Nov 2018 00:00:00 +0530 Thu, 27 Dec 2018 16:01:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372679 The Tribunal allowed the appeal filed by the revenue for statistical purposes, remanding the matter to the Assessing Officer for a fresh assessment. The Tribunal emphasized the need to consider conflicting judgments and legal provisions related to the cooperative bank status and eligibility for deductions under section 80P (2). The Tribunal highlighted the importance of distinguishing between funds sourced from the assessee's own funds and liabilities for bank deposits in determining the nature of the assessee Society. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372679