https://www.taxtmi.com/caselaws?id=394208 The Tribunal partly allowed the appeals for statistical purposes, directing the Assessing Officer to re-examine the activities of the assessees, co-operative societies, to determine their eligibility for deductions under Section 80P of the Income Tax Act. The CIT(A) rectified previous orders based on a Full Bench judgment, ultimately disallowing deductions claimed under Section 80P(2) due to the nature of the assessees' activities. The Tribunal emphasized the need for a factual inquiry into the activities of the assessees each assessment year to ascertain eligibility for deductions under Section 80P. en-us Thu, 13 Feb 2020 00:00:00 +0530 Sat, 04 Apr 2020 11:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394208 The Tribunal partly allowed the appeals for statistical purposes, directing the Assessing Officer to re-examine the activities of the assessees, co-operative societies, to determine their eligibility for deductions under Section 80P of the Income Tax Act. The CIT(A) rectified previous orders based on a Full Bench judgment, ultimately disallowing deductions claimed under Section 80P(2) due to the nature of the assessees' activities. The Tribunal emphasized the need for a factual inquiry into the activities of the assessees each assessment year to ascertain eligibility for deductions under Section 80P. Case-Laws Income Tax Thu, 13 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394208