https://www.taxtmi.com/caselaws?id=412461 The Tribunal upheld the CIT(A)'s decision to allow the deduction under section 80P(2)(a)(i) for the assessee, dismissing the appeal by the revenue. The judgment clarified the eligibility of entities registered under the Karnataka SouhardaSahakari Act, 1997 for the deduction under the Income Tax Act, based on the interpretation that such entities qualify as cooperative societies as defined in the Act. en-us Thu, 16 Sep 2021 00:00:00 +0530 Fri, 17 Sep 2021 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412461 The Tribunal upheld the CIT(A)'s decision to allow the deduction under section 80P(2)(a)(i) for the assessee, dismissing the appeal by the revenue. The judgment clarified the eligibility of entities registered under the Karnataka SouhardaSahakari Act, 1997 for the deduction under the Income Tax Act, based on the interpretation that such entities qualify as cooperative societies as defined in the Act. Case-Laws Income Tax Thu, 16 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412461