https://www.taxtmi.com/caselaws?id=456107 The Kerala HC dismissed a writ petition challenging an assessment order denying section 80P deduction to a Primary Agricultural Credit Society. The petitioner alleged the AO violated SC precedent in Mavilayi Service Co-operative Bank Ltd. and natural justice principles. The HC held that while authorities must follow SC orders, when factual appreciation is required, statutory appeal is the appropriate remedy. The court found the AO had jurisdiction to assess the case on merits following SC directions, and no natural justice violation was established. The petition was dismissed with liberty to pursue statutory remedies. en-us Fri, 30 Apr 2021 00:00:00 +0530 Fri, 28 Jun 2024 19:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456107 The Kerala HC dismissed a writ petition challenging an assessment order denying section 80P deduction to a Primary Agricultural Credit Society. The petitioner alleged the AO violated SC precedent in Mavilayi Service Co-operative Bank Ltd. and natural justice principles. The HC held that while authorities must follow SC orders, when factual appreciation is required, statutory appeal is the appropriate remedy. The court found the AO had jurisdiction to assess the case on merits following SC directions, and no natural justice violation was established. The petition was dismissed with liberty to pursue statutory remedies. Case-Laws Income Tax Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456107