https://www.taxtmi.com/caselaws?id=284807 The appeal was allowed by the Accountant Member, who condoned the delay in filing the appeal due to the unavailability of the Chartered Accountant. The deduction under section 80P [2] of the Income Tax Act was granted as the interest income was found to be from the appellant society's members. The Accountant Member favored the assessee based on the interpretation of judgments by the Hon'ble Karnataka High Court, emphasizing the factual distinctions and ruling in favor of the assessee. en-us Thu, 22 Mar 2018 00:00:00 +0530 Thu, 12 Dec 2019 10:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284807 The appeal was allowed by the Accountant Member, who condoned the delay in filing the appeal due to the unavailability of the Chartered Accountant. The deduction under section 80P [2] of the Income Tax Act was granted as the interest income was found to be from the appellant society's members. The Accountant Member favored the assessee based on the interpretation of judgments by the Hon'ble Karnataka High Court, emphasizing the factual distinctions and ruling in favor of the assessee. Case-Laws Income Tax Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284807