Fresh adjudication needed as claim of deduction u/s 80P dismissed without considering merits of case

Kolhapur Udyam Co-op. Society Ltd. Vs ACIT (ITAT Pune) ITAT Pune held that as NFAC dismissed the claim of deduction u/s 80P on legal issue without considering the case on merits, matter remanded back for fresh adjudication. Facts- The assessee is a registered Co-operative Society and is engaged in the activity of supply of raw materials and industrial sheds to members. The assessee filed its return of income (ROI) in Form ITR-5 for the impugned AY 2018-19 electronically on 10.2018, declaring a total income of Rs. 1,70,01,576/-, after claiming deduction u/s. 80P(2)(d) of the Income-tax Act, 196...