https://www.taxtmi.com/caselaws?id=778628 ITAT upheld that the assessee, registered under the state cooperative societies Act, is entitled to deduction under section 80P, directing the AO to allow the deduction in line with the jurisdictional HC decision. ITAT also confirmed the CIT(A)'s deletion of additions under section 68 read with 115BBE, finding cash deposits during demonetisation to be member deposits supported by KYC and PAN and consistent with members' low incomes, so no infirmity in the appellate order. en-us Thu, 24 Jul 2025 00:00:00 +0530 Fri, 19 Sep 2025 08:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778628 ITAT upheld that the assessee, registered under the state cooperative societies Act, is entitled to deduction under section 80P, directing the AO to allow the deduction in line with the jurisdictional HC decision. ITAT also confirmed the CIT(A)'s deletion of additions under section 68 read with 115BBE, finding cash deposits during demonetisation to be member deposits supported by KYC and PAN and consistent with members' low incomes, so no infirmity in the appellate order. Case-Laws Income Tax Thu, 24 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778628