https://www.taxtmi.com/caselaws?id=380460 The Tribunal directed the Assessing Officer to evaluate the activities of the cooperative society before granting the deduction under section 80P of the Income Tax Act for interest income earned from banks and sub-treasuries. The decision emphasized the importance of a detailed examination in determining the eligibility for deductions and highlighted the significance of following legal precedents in such tax matters. en-us Thu, 16 May 2019 00:00:00 +0530 Tue, 21 May 2019 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380460 The Tribunal directed the Assessing Officer to evaluate the activities of the cooperative society before granting the deduction under section 80P of the Income Tax Act for interest income earned from banks and sub-treasuries. The decision emphasized the importance of a detailed examination in determining the eligibility for deductions and highlighted the significance of following legal precedents in such tax matters. Case-Laws Income Tax Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380460