Interest Income from Co-operative Banks to be considered for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT allows Appeal [Read Order]

The bench sets aside issues for fresh adjudication, providing relief to the assessee.
By Ashkar Tovarishch - On May 17, 2024 9:31 pm - 2 mins read
ITAT Bangalore - Tax news -I ncome Tax Deduction - Taxscan

The Bangalore bench of the Income Tax Appellate Tribunal allowed the appeal filed by the assessee against the order of the National Faceless Appeal Centre (NFAC), disallowing the deduction under Section 80P(2)(d) of the Income Tax Act, 1961. The assessee GSSS Credit Co-operative Society Limited, claimed a deduction under the provisions of Section 80P(2)(d) of…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader