Latest Income-Tax Details

For Full Access To All Latest Judgments on Income Tax
Click Here To Subscribe Now
Take a tour of our Income-Tax Library

Whether on the facts and in circumstances of thecaseand in law. the Ld. CIT(A) in allowing deduction u/s 80P(2)(d) of the I. T. Act. 1961, without appreciating legislative intent of the inserted provision of 80P) which specifically provides that section shall not apply in relation to any Co-operative bank other than a primary agricultural credit society or primary cooperative agricultural and rural developer bank.

Shanti Prime Publication Pvt. Ltd.

Sec. 80P(2)(d) of Income Tax Act, 1961— Deduction — Assessee entitled for claim of deduction u/s 80P(2)(d) in respect of interest income on the investment made in the Co-operative bank - ITO V/s OBEROI SPRING CO-OPERATIVE HOUSING SOCIETY LTD. - [2020] 28 ITCD Online 064 (ITAT-MUMBAI)

Check Your Tax Knowledge
Youtube
Product Demo
Professional services available
Tax Lok English Viedo
Tax Lok Hindi Viedo

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.