https://www.taxtmi.com/caselaws?id=55859 The Tribunal partially allowed the appeal of a cooperative society engaged in sugar manufacturing, directing the Income Tax Officer to accept deductions under sections 80P and 80G of the Income Tax Act. The issue of deduction under section 80J was remanded to the ITO for reconsideration in light of a pending Supreme Court decision. The Tribunal relied on the Madras High Court's reasoning and previous decisions to support its decision, emphasizing the applicability of deductions even when the gross total income is Nil. en-us Thu, 30 Jun 1983 00:00:00 +0530 Tue, 30 Nov 2010 14:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55859 The Tribunal partially allowed the appeal of a cooperative society engaged in sugar manufacturing, directing the Income Tax Officer to accept deductions under sections 80P and 80G of the Income Tax Act. The issue of deduction under section 80J was remanded to the ITO for reconsideration in light of a pending Supreme Court decision. The Tribunal relied on the Madras High Court's reasoning and previous decisions to support its decision, emphasizing the applicability of deductions even when the gross total income is Nil. Case-Laws Income Tax Thu, 30 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55859