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2016 (7) TMI 692 - AT - Income TaxBenefit of deduction u/s 80P(2) denied - assessee is a cooperative society registered under the Kerala Cooperative Societies Act, 1969 - Held that:- The certificate of registration of the assessee under the Kerala Cooperative Societies Act and the bye-laws are placed on record. It is clear from the perusal of the same that the assessee is primary agricultural credit society and providing agricultural credit facilities to its members. The Hon’ble Jurisdictional High Court in the case of The Chirakkal Service Cooperative Bank Ltd & others [2016 (4) TMI 826 - KERALA HIGH COURT ] has held that such societies are entitled to the benefit of deduction u/s 80P(2) of the Act. In view of the above findings of the Hon’ble Jurisdictional High Court (supra), we allow these appeals of the assessee
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