In the result these appeals by the assessee and revenue stand allowed for statistical purposes
Bench: Shri Shamim Yahya & Shri Ram Lal Negi..
L A/c 1,16,66,292.00 Less: house property treated separately 1,69,844.00 1,14,95,448.00 Gross Total Income 1,16,14,338.00 Less: Deduction u/ 80P. 1,14,95,448.00 Balance Taxable Income Rs. 1,18,890.00 The society claimed deduction u/s 80P(2)(a)(i) on the consolidated amount of profit earned from its activity carried