https://www.taxtmi.com/caselaws?id=420245 The Tribunal allowed the appeal for statistical purposes, directing the appellant to appear before the ld. CIT(A) for a fair hearing. The judgment emphasized the importance of adherence to natural justice principles in tax proceedings, ensuring parties have the opportunity to present their case effectively. The disallowance of deduction under section 80P(2)(a) was upheld for income earned from non-regular members, while income from investments and deposits outside cooperative societies was deemed taxable under "Income from other sources." The Tribunal set aside the ex-parte order, highlighting the necessity of providing a fair opportunity for the appellant to be heard. en-us Mon, 28 Mar 2022 00:00:00 +0530 Wed, 30 Mar 2022 08:33:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420245 The Tribunal allowed the appeal for statistical purposes, directing the appellant to appear before the ld. CIT(A) for a fair hearing. The judgment emphasized the importance of adherence to natural justice principles in tax proceedings, ensuring parties have the opportunity to present their case effectively. The disallowance of deduction under section 80P(2)(a) was upheld for income earned from non-regular members, while income from investments and deposits outside cooperative societies was deemed taxable under "Income from other sources." The Tribunal set aside the ex-parte order, highlighting the necessity of providing a fair opportunity for the appellant to be heard. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420245