https://www.taxtmi.com/caselaws?id=775591 Section 80P(2)(a)(i) deduction remained available to a primary agricultural co-operative credit society where credit was extended to nominal or associate members recognised as members under the relevant State co-operative law; lending to such members did not, by itself, defeat the claim. Section 80A(5) also did not justify denial of the deduction merely because the return claiming it was filed in response to a Section 148 notice rather than within Section 139 time limits, since the statutory requirement is only that the claim be made in the return of income. The assessee's deduction claim was therefore upheld and the enhancement of assessed income could not stand. en-us Tue, 03 Jun 2025 00:00:00 +0530 Fri, 25 Jul 2025 12:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775591 Section 80P(2)(a)(i) deduction remained available to a primary agricultural co-operative credit society where credit was extended to nominal or associate members recognised as members under the relevant State co-operative law; lending to such members did not, by itself, defeat the claim. Section 80A(5) also did not justify denial of the deduction merely because the return claiming it was filed in response to a Section 148 notice rather than within Section 139 time limits, since the statutory requirement is only that the claim be made in the return of income. The assessee's deduction claim was therefore upheld and the enhancement of assessed income could not stand. Case-Laws Income Tax Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775591