https://www.taxtmi.com/caselaws?id=423999 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the deduction claimed by the assessee under section 80P(2)(a)(i) of the Income Tax Act. The decision was based on case law precedents and legal interpretations supporting the assessee's eligibility for the deduction as a registered co-operative society, despite the AO's arguments regarding credit facility provision and primary banking activities. en-us Wed, 15 Jun 2022 00:00:00 +0530 Sat, 18 Jun 2022 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423999 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the deduction claimed by the assessee under section 80P(2)(a)(i) of the Income Tax Act. The decision was based on case law precedents and legal interpretations supporting the assessee's eligibility for the deduction as a registered co-operative society, despite the AO's arguments regarding credit facility provision and primary banking activities. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423999