https://www.taxtmi.com/caselaws?id=460762 A co-operative society engaged in providing banking or credit facilities to its members remained substantively eligible for deduction under section 80P(2)(a)(i), and that benefit could not be denied merely because the claim was made under a wrong clause in the return due to inadvertence. Section 80A(5) was held inapplicable on these facts, so it did not bar the otherwise legitimate deduction. The authorities were not justified in refusing the deduction when the underlying entitlement under the Act was undisputed. en-us Thu, 26 Sep 2024 00:00:00 +0530 Mon, 17 Feb 2025 11:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460762 A co-operative society engaged in providing banking or credit facilities to its members remained substantively eligible for deduction under section 80P(2)(a)(i), and that benefit could not be denied merely because the claim was made under a wrong clause in the return due to inadvertence. Section 80A(5) was held inapplicable on these facts, so it did not bar the otherwise legitimate deduction. The authorities were not justified in refusing the deduction when the underlying entitlement under the Act was undisputed. Case-Laws Income Tax Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460762