https://www.taxtmi.com/caselaws?id=389618 The Tribunal referred to subsequent judgments emphasizing the need for examining the activities of the assessee to determine eligibility for deduction u/s 80P of the Income Tax Act. The issues regarding disallowance of deduction u/s 80P, rectification order u/s 154, and appeal against the CIT(A) order were remanded to the Assessing Officer for further examination in accordance with the Full Bench judgment. The Tribunal directed a thorough inquiry into the activities of the assessee society to determine the eligibility for deduction u/s 80P, including interest income from investments with Co-operative Banks and other Banks. en-us Mon, 09 Dec 2019 00:00:00 +0530 Thu, 12 Dec 2019 16:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389618 The Tribunal referred to subsequent judgments emphasizing the need for examining the activities of the assessee to determine eligibility for deduction u/s 80P of the Income Tax Act. The issues regarding disallowance of deduction u/s 80P, rectification order u/s 154, and appeal against the CIT(A) order were remanded to the Assessing Officer for further examination in accordance with the Full Bench judgment. The Tribunal directed a thorough inquiry into the activities of the assessee society to determine the eligibility for deduction u/s 80P, including interest income from investments with Co-operative Banks and other Banks. Case-Laws Income Tax Mon, 09 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389618