https://www.taxtmi.com/caselaws?id=286132 The ITAT allowed the appellant's appeal against the CIT(A) order disallowing full deduction u/s. 80P of the Income Tax Act. Relying on a Kerala High Court decision, the ITAT held that if a society's members engage in construction activities, the society qualifies for the deduction on the entire income. The Tribunal found the appellant eligible for the deduction u/s. 80P(2)(a)(vi) based on collective labor involvement, directing the AO to allow the deduction. The decision favored the appellant, emphasizing the nature of activities and members' collective participation in civil contracts. en-us Fri, 31 Mar 2017 00:00:00 +0530 Thu, 13 Feb 2020 15:38:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286132 The ITAT allowed the appellant's appeal against the CIT(A) order disallowing full deduction u/s. 80P of the Income Tax Act. Relying on a Kerala High Court decision, the ITAT held that if a society's members engage in construction activities, the society qualifies for the deduction on the entire income. The Tribunal found the appellant eligible for the deduction u/s. 80P(2)(a)(vi) based on collective labor involvement, directing the AO to allow the deduction. The decision favored the appellant, emphasizing the nature of activities and members' collective participation in civil contracts. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286132