https://www.taxtmi.com/caselaws?id=383748 The High Court acknowledged the entitlement of Cooperative Societies to claim deductions under Section 80P of the IT Act, as established in previous judgments. The Court noted that the issue of deductions under Section 80P did not survive due to previous judgments, but the Income Tax Department had taken the matter to the Supreme Court, pending the outcome of Special Leave Petitions. The Court directed the petitioner to avail the alternate remedy of a statutory appeal under Section 246A of the IT Act, emphasizing the importance of adhering to the alternate remedy rule in fiscal law statutes. en-us Thu, 18 Jul 2019 00:00:00 +0530 Tue, 30 Jul 2019 07:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383748 The High Court acknowledged the entitlement of Cooperative Societies to claim deductions under Section 80P of the IT Act, as established in previous judgments. The Court noted that the issue of deductions under Section 80P did not survive due to previous judgments, but the Income Tax Department had taken the matter to the Supreme Court, pending the outcome of Special Leave Petitions. The Court directed the petitioner to avail the alternate remedy of a statutory appeal under Section 246A of the IT Act, emphasizing the importance of adhering to the alternate remedy rule in fiscal law statutes. Case-Laws Income Tax Thu, 18 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383748