https://www.taxtmi.com/caselaws?id=278574 The assessee was denied deductions under section 80P(2)(a)(i) of the Income Tax Act by the Assessing Officer for being classified as a cooperative bank rather than a primary agricultural credit society. The CIT(A) and Tribunal upheld this decision. Additionally, contributions to an unrecognized Superannuation Fund were disallowed as they did not meet the criteria under sections 36(1)(iv) and 36(1)(v) of the Act. The Tribunal remitted the matter back to the Assessing Officer for fresh consideration based on previous findings. The appeals by the assessee were dismissed, and those by the revenue were allowed for statistical purposes, with directions for reassessment. en-us Thu, 03 Nov 2016 00:00:00 +0530 Wed, 13 Feb 2019 06:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278574 The assessee was denied deductions under section 80P(2)(a)(i) of the Income Tax Act by the Assessing Officer for being classified as a cooperative bank rather than a primary agricultural credit society. The CIT(A) and Tribunal upheld this decision. Additionally, contributions to an unrecognized Superannuation Fund were disallowed as they did not meet the criteria under sections 36(1)(iv) and 36(1)(v) of the Act. The Tribunal remitted the matter back to the Assessing Officer for fresh consideration based on previous findings. The appeals by the assessee were dismissed, and those by the revenue were allowed for statistical purposes, with directions for reassessment. Case-Laws Income Tax Thu, 03 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278574