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2013 (5) TMI 1022 - AT - Income TaxDeduction u/s 80P(2)(a)(i) & 80P(4)-Intimation u/s 143(1) - Co-operative Credit Society - The A.O. was of the view that the assessee was neither a Primary agriculture Co-operative Society, nor was it entitled to the deduction according to Section 80P(2)(a)(i) of the IT Act, but was covered under the provisions of Section 80P(4). - HELD THAT:- The A.O’s. finding that in view of the amendment Act in Section 2(24) and 80P, the assessee was not eligible for deduction u/s.80P was not in accordance with law. - The assessee is not subject to Section 80P(4) (Cooperative Banks) and is also eligible for a deduction under Section 80P(2).
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