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2020 (3) TMI 555 - HC - Income TaxDeduction u/s 80P - HELD THAT:- We had occasion to consider an identical issue in a batch of writ petitions filed by several Primary Agricultural Cooperative Societies, and in the case of K.2058, Saravanmpatti Primary Agricultural Co-operative Credit Society Ltd., Vs. The Income Tax Officer [2020 (2) TMI 214 - MADRAS HIGH COURT] while dealing with a claim of deduction under Section 80P of the Income Tax Act by the Co-operative Societies. Aforesaid order is equally applicable to the present case as well, vis-a-vis, this issue. The petitioner is thus permitted to file a statutory appeal challenging the order of assessment before the Commissioner of Income Tax (Appeals) within a period of three (3) weeks from today. No recovery of the demand in relation to issue (ii), that is, in relation to deduction claimed under Section 80P be enforced till such time the appeal is disposed by the first appellate authority.
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