Interest and Dividend derived by one Cooperative Society From Investment with another one is eligible for Deduction u/s 80P(2)(D) of Income Tax Act: ITAT [Read Order]
Interest and Dividend Derived by one Cooperative Society From investment with another one is Eligible for Deduction u/s 80P(2)(D) of Income Tax Act, rules ITAT
By Kalyani B. Nair - On March 18, 2024 11:38 am - 2 mins read
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the interest and dividend derived by one cooperative society from investment with another one is eligible for deduction under Section 80p(2)(d) of the Income Tax Act, 1961. The appellant assessee is a credit co-operative society registered under the provisions of Maharashtra…
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