Stay Granted on Tax Demand for Cooperative Societies Pending Section 80P Deduction Decision by Appellate Authority.

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....Stay of demand - since allowability of deduction u/s 80P is yet to be rendered by the Appellate Authority and registered Co-operative societies functioning with remarkable capital assets hence there will be no difficulty for realising the liabilities, if the ultimate decision goes against the appellants - direct the Appellate Authority for an early disposal of the appeals and till then to grant an absolute stay....