https://www.taxtmi.com/caselaws?id=293394 The Tribunal allowed the assessee's appeal, quashing the CIT's order under section 263 of the Income Tax Act. It upheld the assessee's eligibility for the deduction under section 43D for the assessment year 2013-14, emphasizing that co-operative banks fall within the purview of section 43D(g) based on judicial precedents. The Tribunal concluded that the assessment order was neither erroneous nor prejudicial to the revenue's interest, affirming the deduction's appropriateness. en-us Wed, 13 Mar 2019 00:00:00 +0530 Wed, 13 Nov 2024 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293394 The Tribunal allowed the assessee's appeal, quashing the CIT's order under section 263 of the Income Tax Act. It upheld the assessee's eligibility for the deduction under section 43D for the assessment year 2013-14, emphasizing that co-operative banks fall within the purview of section 43D(g) based on judicial precedents. The Tribunal concluded that the assessment order was neither erroneous nor prejudicial to the revenue's interest, affirming the deduction's appropriateness. Case-Laws Income Tax Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293394