https://www.taxtmi.com/caselaws?id=298428 The Department's appeal was allowed by the High Court, overturning the CIT(A)'s deletion of an addition and allowing the deduction u/s 80P(2)(e) for an apex cooperative society engaged in storing agricultural commodities. The Court held that storing was part of the business activity, resulting in the Department's appeal being allowed. On the other hand, the Assessee's appeal concerning the deduction claimed u/s 80P(2)(d) on dividend and interest income was remitted back to the Assessing Officer for fresh adjudication in line with previous Tribunal orders for consistency. en-us Fri, 18 Feb 2011 00:00:00 +0530 Mon, 01 Nov 2021 14:30:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298428 The Department's appeal was allowed by the High Court, overturning the CIT(A)'s deletion of an addition and allowing the deduction u/s 80P(2)(e) for an apex cooperative society engaged in storing agricultural commodities. The Court held that storing was part of the business activity, resulting in the Department's appeal being allowed. On the other hand, the Assessee's appeal concerning the deduction claimed u/s 80P(2)(d) on dividend and interest income was remitted back to the Assessing Officer for fresh adjudication in line with previous Tribunal orders for consistency. Case-Laws Income Tax Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298428