https://www.taxtmi.com/caselaws?id=440629 The Tribunal ruled in favor of the assessee, holding that a "Souharda" cooperative society registered under state laws qualifies as a cooperative society under sec.2(19) of the Income Tax Act. Consequently, the PCIT's revision directions were deemed incorrect, and the Assessing Officer's regular assessments were upheld. The appeals of the assessee were allowed, with the order pronounced in open court on 18.07.2023. en-us Tue, 18 Jul 2023 00:00:00 +0530 Fri, 21 Jul 2023 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440629 The Tribunal ruled in favor of the assessee, holding that a "Souharda" cooperative society registered under state laws qualifies as a cooperative society under sec.2(19) of the Income Tax Act. Consequently, the PCIT's revision directions were deemed incorrect, and the Assessing Officer's regular assessments were upheld. The appeals of the assessee were allowed, with the order pronounced in open court on 18.07.2023. Case-Laws Income Tax Tue, 18 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440629