Kerala HC remanded matter as assessment order was passed ignoring binding judgment of SC

INCOME TAX : Where Assessing Officer disallowed deduction under section 80P to assessee primary agricultural credit society on ground that name of assessee society had word 'Bank' included in it ignoring decision of Supreme Court in a case wherein Court held that mere mention of word 'Bank' in its name would not deprive a primary agricultural credit society, benefit of deduction under section 80P

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