https://www.taxtmi.com/caselaws?id=767476 ITAT Surat (AT) allowed the appeal of the cooperative society, holding that procedural issues arising from issuance of a new PAN and subsequent filing did not disentitle the society from deduction under s.80P(2)(a)(i) and s.80P(2)(d). The AO and CIT(A) erred in treating receipts as taxable income after the assessee produced the new PAN, audited accounts and sought to file returns under the new PAN. The assessment additions were set aside and the claim under s.80P was allowed. en-us Wed, 23 Oct 2024 00:00:00 +0530 Mon, 01 Sep 2025 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767476 ITAT Surat (AT) allowed the appeal of the cooperative society, holding that procedural issues arising from issuance of a new PAN and subsequent filing did not disentitle the society from deduction under s.80P(2)(a)(i) and s.80P(2)(d). The AO and CIT(A) erred in treating receipts as taxable income after the assessee produced the new PAN, audited accounts and sought to file returns under the new PAN. The assessment additions were set aside and the claim under s.80P was allowed. Case-Laws Income Tax Wed, 23 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767476