https://www.taxtmi.com/caselaws?id=395793 The Tribunal allowed the appeal filed by the cooperative society for statistical purposes, emphasizing the need for a detailed examination of the society's activities to determine eligibility for deduction under section 80P of the Income Tax Act. The Tribunal directed the Assessing Officer to re-examine the activities to ensure compliance with the requirements of a cooperative society under the Kerala Co-operative Societies Act, 1969 for granting the deduction. The issue of deduction under section 80P(2) was restored to the Assessing Officer for re-evaluation. en-us Fri, 05 Jun 2020 00:00:00 +0530 Mon, 08 Jun 2020 11:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395793 The Tribunal allowed the appeal filed by the cooperative society for statistical purposes, emphasizing the need for a detailed examination of the society's activities to determine eligibility for deduction under section 80P of the Income Tax Act. The Tribunal directed the Assessing Officer to re-examine the activities to ensure compliance with the requirements of a cooperative society under the Kerala Co-operative Societies Act, 1969 for granting the deduction. The issue of deduction under section 80P(2) was restored to the Assessing Officer for re-evaluation. Case-Laws Income Tax Fri, 05 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395793