https://www.taxtmi.com/caselaws?id=376780 The Tribunal remanded the case challenging the disallowance of deduction under section 80P(2)(d) of the Income Tax Act to the first appellate authority for fresh adjudication. The Tribunal emphasized the importance of a fair hearing and detailed consideration of the assessee's claim, directing the authority to review all submissions and evidence before providing a well-reasoned order. The decision highlighted that the Supreme Court ruling in Totgars Co-operative Cell Society Ltd. was not directly applicable to the present case due to differing facts. The appeal was allowed for statistical purposes, granting the assessee an opportunity to effectively present its case. en-us Fri, 08 Mar 2019 00:00:00 +0530 Thu, 14 Mar 2019 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376780 The Tribunal remanded the case challenging the disallowance of deduction under section 80P(2)(d) of the Income Tax Act to the first appellate authority for fresh adjudication. The Tribunal emphasized the importance of a fair hearing and detailed consideration of the assessee's claim, directing the authority to review all submissions and evidence before providing a well-reasoned order. The decision highlighted that the Supreme Court ruling in Totgars Co-operative Cell Society Ltd. was not directly applicable to the present case due to differing facts. The appeal was allowed for statistical purposes, granting the assessee an opportunity to effectively present its case. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376780