https://www.taxtmi.com/caselaws?id=389569 Eligibility for deduction under section 80P depends on the actual nature of the society's activities for the relevant assessment year, not merely on its registration or classification certificate. The Assessing Officer must make a factual enquiry into those activities, including the character of any interest income claimed as part of the eligible business, before rejecting the claim. A rectification order cannot conclusively disallow the deduction without such verification. The disallowance was therefore set aside and the matter remitted for fresh examination on facts. en-us Mon, 02 Dec 2019 00:00:00 +0530 Wed, 11 Dec 2019 14:27:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389569 Eligibility for deduction under section 80P depends on the actual nature of the society's activities for the relevant assessment year, not merely on its registration or classification certificate. The Assessing Officer must make a factual enquiry into those activities, including the character of any interest income claimed as part of the eligible business, before rejecting the claim. A rectification order cannot conclusively disallow the deduction without such verification. The disallowance was therefore set aside and the matter remitted for fresh examination on facts. Case-Laws Income Tax Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389569