https://www.taxtmi.com/caselaws?id=383014 The High Court disposed of the writ petitions by keeping the impugned notices in abeyance pending the outcome of Special Leave Petitions filed by the Revenue. The judgment clarified that primary agricultural credit societies were entitled to deductions under Section 80P, distinguishing them from cooperative banks. The Division Bench's ruling in Tax Case Appeal Numbers served as a legal precedent for Cooperative Societies seeking benefits under Section 80P. The High Court's decision balanced legal principles with practical implications concerning the re-issuance of notices under Section 148 and the associated limitation periods. en-us Tue, 18 Jun 2019 00:00:00 +0530 Mon, 15 Jul 2019 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383014 The High Court disposed of the writ petitions by keeping the impugned notices in abeyance pending the outcome of Special Leave Petitions filed by the Revenue. The judgment clarified that primary agricultural credit societies were entitled to deductions under Section 80P, distinguishing them from cooperative banks. The Division Bench's ruling in Tax Case Appeal Numbers served as a legal precedent for Cooperative Societies seeking benefits under Section 80P. The High Court's decision balanced legal principles with practical implications concerning the re-issuance of notices under Section 148 and the associated limitation periods. Case-Laws Income Tax Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383014