Assessing Officer Must Investigate Activities for Section 80P Deduction; Not Solely Rely on Registration Certificate.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Entitled to deduction u/s 80P - AO has to conduct an inquiry into the factual situation as to the activities of the assessee society to determine the eligibility of deduction u/s 80P - AO is not bound by the registration certificate issued by the Registrar of Kerala Cooperative Society.....




TaxTMI
TaxTMI