https://www.taxtmi.com/caselaws?id=413899 The revision order by the ld PCIT u/s 263 of the Act was quashed, and the appeal of the assessee, a co-operative housing society, was allowed. The court found that the ld AO had appropriately considered the deduction claim u/s 80P(2)(d) and had conducted necessary inquiries, leading to a nil income determination after allowing the deduction. The invocation of section 80P(4) was deemed incorrect. The order was pronounced on 12/10/2021. en-us Tue, 12 Oct 2021 00:00:00 +0530 Sat, 23 Oct 2021 07:53:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413899 The revision order by the ld PCIT u/s 263 of the Act was quashed, and the appeal of the assessee, a co-operative housing society, was allowed. The court found that the ld AO had appropriately considered the deduction claim u/s 80P(2)(d) and had conducted necessary inquiries, leading to a nil income determination after allowing the deduction. The invocation of section 80P(4) was deemed incorrect. The order was pronounced on 12/10/2021. Case-Laws Income Tax Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413899