ITAT remanded matter as sec. 80P deduction was denied without verifying fact that society had license to do banking

INCOME TAX : Where AO rejected assessee's claim for deduction under section 80P(2)(a)(i) without verifying as to whether assessee-society was a banking co-operative society having licence/authority to do so, impugned order was to be set aside and, matter was to be remanded back for disposal afresh

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