https://www.taxtmi.com/caselaws?id=392651 Entities registered under the Karnataka Souharda Sahakari Act, 1997 are to be treated as a "co-operative society" within Section 2(19) of the Income-tax Act, 1961 for Section 80P purposes. The High Court followed its earlier ruling on the interaction between the 1997 Act, the Karnataka Cooperative Societies Act, 1959, and Section 80P, and held that the petitioner remained entitled to the deduction benefit. The assessment order denying Section 80P relief was quashed, and fresh assessment was directed on that basis. en-us Tue, 28 Jan 2020 00:00:00 +0530 Tue, 25 Feb 2020 06:53:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392651 Entities registered under the Karnataka Souharda Sahakari Act, 1997 are to be treated as a "co-operative society" within Section 2(19) of the Income-tax Act, 1961 for Section 80P purposes. The High Court followed its earlier ruling on the interaction between the 1997 Act, the Karnataka Cooperative Societies Act, 1959, and Section 80P, and held that the petitioner remained entitled to the deduction benefit. The assessment order denying Section 80P relief was quashed, and fresh assessment was directed on that basis. Case-Laws Income Tax Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392651