https://www.taxtmi.com/caselaws?id=471503 Revisionary jurisdiction under Section 263 could not be sustained against a cooperative society's deduction claim for interest income under Section 80P(2)(d) where the issue and facts were identical to the preceding assessment year. The applicable precedent had already led to quashing of the earlier revisionary order on the same deduction issue. Applying that precedent consistently, the revisionary proceedings were unsustainable and the deduction issue was resolved in favour of the cooperative society. en-us Tue, 18 Aug 2015 00:00:00 +0530 Mon, 07 Sep 2026 17:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471503 Revisionary jurisdiction under Section 263 could not be sustained against a cooperative society's deduction claim for interest income under Section 80P(2)(d) where the issue and facts were identical to the preceding assessment year. The applicable precedent had already led to quashing of the earlier revisionary order on the same deduction issue. Applying that precedent consistently, the revisionary proceedings were unsustainable and the deduction issue was resolved in favour of the cooperative society. Case-Laws Income Tax Tue, 18 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471503