https://www.taxtmi.com/caselaws?id=410263 The court ruled in favor of the co-operative banks, holding that they are entitled to benefits under Section 80(P) of the Income Tax Act. The court emphasized the need for prompt disposal of statutory appeals and directed the authorities to halt recovery proceedings until a decision is made. The judgment highlighted the importance of fair treatment of co-operative societies in tax matters, citing legal precedents to support its decision. en-us Wed, 31 Mar 2021 00:00:00 +0530 Fri, 22 Oct 2021 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410263 The court ruled in favor of the co-operative banks, holding that they are entitled to benefits under Section 80(P) of the Income Tax Act. The court emphasized the need for prompt disposal of statutory appeals and directed the authorities to halt recovery proceedings until a decision is made. The judgment highlighted the importance of fair treatment of co-operative societies in tax matters, citing legal precedents to support its decision. Case-Laws Income Tax Wed, 31 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410263