https://www.taxtmi.com/caselaws?id=280899 The appellate tribunal upheld the deletion of unexplained cash credits under section 68 and allowed the deduction under section 80P(2)(i) for the cooperative society. The society adequately explained the source of cash deposits, leading to the deletion of the addition under section 68. Additionally, the deduction under section 80P(2)(i) was granted as the books of accounts were accepted. The revenue's appeal was dismissed, affirming the decisions of the lower authorities based on the evidence and factual findings presented by the society. en-us Fri, 17 Oct 2014 00:00:00 +0530 Sat, 25 May 2019 09:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280899 The appellate tribunal upheld the deletion of unexplained cash credits under section 68 and allowed the deduction under section 80P(2)(i) for the cooperative society. The society adequately explained the source of cash deposits, leading to the deletion of the addition under section 68. Additionally, the deduction under section 80P(2)(i) was granted as the books of accounts were accepted. The revenue's appeal was dismissed, affirming the decisions of the lower authorities based on the evidence and factual findings presented by the society. Case-Laws Income Tax Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280899