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2016 (1) TMI 1316 - AT - Income TaxClaim of deduction u/s 80P(2)(a)(i) denied - whether assessee neither a Primary Agricultural Credit Society (PACS) nor a Primary Co-Operative Agricultural and Rural development Bank (PCARDB)? - Held that:- It is not in dispute that the facts and circumstances of the case are identical to the earlier years, therefore, respectfully following the decision of the Coordinate Benches as referred above, the ground taken by the assessee is allowed to hold that the assessee is a cooperative society not a cooperative bank and is entitled for deduction u/s 80P(2)(a)(i) of the Act. - Decided in favour of assessee.
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