https://www.taxtmi.com/caselaws?id=393651 The High Court allowed the petitioner to challenge the order of assessment rejecting a deduction under Section 80P of the Income Tax Act, 1961 for a Co-operative Thrift and Credit Society. The Court emphasized equal treatment for all members under the Tamil Nadu Cooperative Societies Act, granting relief to the society and directing them to appeal before the Commissioner of Income Tax. The judgment clarified the eligibility of primary agricultural credit societies for deductions under Section 80P, ensuring a fair process for resolving the dispute. en-us Thu, 12 Mar 2020 00:00:00 +0530 Thu, 19 Mar 2020 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393651 The High Court allowed the petitioner to challenge the order of assessment rejecting a deduction under Section 80P of the Income Tax Act, 1961 for a Co-operative Thrift and Credit Society. The Court emphasized equal treatment for all members under the Tamil Nadu Cooperative Societies Act, granting relief to the society and directing them to appeal before the Commissioner of Income Tax. The judgment clarified the eligibility of primary agricultural credit societies for deductions under Section 80P, ensuring a fair process for resolving the dispute. Case-Laws Income Tax Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393651