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2016 (3) TMI 912 - AT - Income TaxDisallowance of deduction u/s 80P - interest income received by the assessee co-operative society on investments made in deposits in Jalna Dist. Central Co-operative Bank Ltd. - Held that:- The issue arising before us is similar to the issue before the Tribunal in ITO Vs. M/s. Kundalika Nagari Sahakari Patsanstha Maryadit (2016 (2) TMI 879 - ITAT PUNE ) and following the same parity of reasoning, we hold that the assessee is eligible for the claim of deduction under section 80P(2)(a)(i) of the Act in respect of interest received on deposits made in Jalna District Central Co-operative Bank Ltd - Decided in favour of assessee
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