https://www.taxtmi.com/caselaws?id=279186 The Tribunal partially allowed the Co-operative Credit Society's appeal against the denial of deduction under section 80P of the Income Tax Act for various receipts. The Tribunal granted relief for Electricity Commission and Bank Interest based on legal precedents but remanded the issues of MSEB Deposit Interest and Advertisement Income to the Assessing Officer for further examination. The Tribunal directed a fresh assessment in line with the principles discussed during the proceedings. (Judgment date: June 20, 2018) en-us Wed, 20 Jun 2018 00:00:00 +0530 Thu, 07 Mar 2019 06:33:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279186 The Tribunal partially allowed the Co-operative Credit Society's appeal against the denial of deduction under section 80P of the Income Tax Act for various receipts. The Tribunal granted relief for Electricity Commission and Bank Interest based on legal precedents but remanded the issues of MSEB Deposit Interest and Advertisement Income to the Assessing Officer for further examination. The Tribunal directed a fresh assessment in line with the principles discussed during the proceedings. (Judgment date: June 20, 2018) Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279186