https://www.taxtmi.com/caselaws?id=306172 The ITAT Mumbai dismissed the Revenue's appeals and upheld the CIT(A)'s decision to allow the deduction under section 80P for the Co-operative Credit Society. The Tribunal relied on previous judicial precedents and specific provisions of the Income Tax Act and Banking Regulation Act, emphasizing that section 80P(4) did not apply to entities other than cooperative banks. en-us Wed, 10 Jul 2019 00:00:00 +0530 Sun, 15 Jan 2023 14:51:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306172 The ITAT Mumbai dismissed the Revenue's appeals and upheld the CIT(A)'s decision to allow the deduction under section 80P for the Co-operative Credit Society. The Tribunal relied on previous judicial precedents and specific provisions of the Income Tax Act and Banking Regulation Act, emphasizing that section 80P(4) did not apply to entities other than cooperative banks. Case-Laws Income Tax Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306172