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Case Law Details

Case Name : Indur Intideepam Producers MA Cooperative Societies Federation Limited Vs ITO (ITAT Hyderabad)
Related Assessment Year : 2017-18
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Indur Intideepam Producers MA Cooperative Societies Federation Limited Vs ITO (ITAT Hyderabad)

Conclusion: Deduction claimed by assessee in return of income which was directly relatable to the insurance activities, as it did not fall under section 80P(2) i.e., Insurance activities. Accordingly, the matter was remanded back to the file of AO for the limited purposes of verifying the deduction claimed in return of income and to pass a fresh order after affording due opportunity of hearing to the assessee in ac

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