2023 (7) TMI 856

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..... nominal members as well would hardly disentitle it for the impugned sec. 80P(2)(a)(i) deduction. Faced with the situation, we accept the assessee s instant identical sole substantive ground - Decided in favour of assessee. - ITA. Nos. 228 And 214/PAN./2019 - - - Dated:- 19-7-2023 - Shri Satbeer Singh Godara, Judicial Member And Shri G.D. Padmahshali, Accountant Member For the Assessee : .....

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..... 98/-, assessment year-wise, respectively, is concerned. This is for the precise reason that both the learned lower authorities are of the view that the assessee is not eligible to claim the same in light of having both regular as well as nominal members as per hon ble apex court s judgment in Citizen Co-operative Society Limited [2017] 397 ITR 1 (SC). 3. Learned DR also vehemently relied on bot .....

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