Dismissing the appeal of the revenue the Court held that ; the exclusion clause of sub-section (4) of section 80P did not apply to the assessee the assessee being Co –operative society is entitle to deduction . ( AY. 2010-11)
CIT v. Ekta Co-Op. Credit Society Ltd. (2018) 402 ITR 85/ 254 Taxman 33 (Guj) (HC)
S. 80P : Co-operative societies- Co –Operative Society is not a Credit Co-Operative Bank- Entitle deduction .[ S.80P(2)(a)(i) (4) ]