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2023 (6) TMI 1366 - AT - Income TaxDeduction u/s 80P(2)(d) - interest income derived by a co-operative society from its deposits with the co-operative banks - HELD THAT:- Tribunal in the case of M/s Amore Commercial Premises Co-op Society Ltd [2023 (1) TMI 826 - ITAT MUMBAI] has dealt on the taxability of interest earned on the deposits were the cooperative society receives/earns interest on deposits with the co-operative bank is eligible for claim of deduction u/s 80P(2)(d) of the Act. Accordingly, we direct the AO to allow the claim of deduction u/sec 80P(2)(d) on the interest income/dividend received /earned from the co-operative banks. Appeal filed by the assessee are allowed.
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