Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (7) TMI 1811 - AT - Income TaxDeduction u/s.80P(2)(d) - whether the assessee a cooperative society is entitled for deduction u/s.80P(2)(d) of the Act from the interest income earned from other cooperative banks/societies? - HELD THAT:- As relying on KSHATRIY GADKARI MARATHA COOPERATIVE CREDIT SOCIETY LTD. case [2019 (4) TMI 1932 - ITAT MUMBAI] we hold that the assessee a cooperative society is eligible for deduction u/s.80P(2)(d) of the Act in respect of the interest income earned by the assessee from either any other cooperative society or from a cooperative bank. Grounds raised by the assessee are allowed.
|