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2017 (5) TMI 1770 - ITAT BANGALOREDeduction u/s 80P(2)(a)(i) in respect of interest income - HELD THAT:- This issue is covered by the decision of Tumkur Merchants Souharda Credit Co-operative Ltd. [2015 (2) TMI 995 - KARNATAKA HIGH COURT] as well as in the case of M/s. Guttigedarara Co-operative Society Ltd. [2015 (7) TMI 874 - KARNATAKA HIGH COURT] - Also in the case of Shri S.M. Revana Siddaiah, CEO, Primary Agriculture Credit Co-operative Society Ltd. & Others [2017 (2) TMI 1500 - ITAT BANGALORE] - Thus claim of the assessee under Section 80P(2)(a)(i) of the Act in respect of interest income is allowed and orders of the authorities below are set aside. - Decided in favour of assessee.
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