Co-operative society isn’t eligible to claim sec. 80P deduction on interest earned from investments made in bank: ITAT

INCOME TAX : Where assessee co-operative society earned interest from investments made in any bank not being a co-operative society, such interest income could not be said to attributable to acitivities of co-operative society and would not be eligible for under section 80P(2)(d)INCOME TAX : Where assessee co-operative society earned interest from investments made in any bank not being a co-operative society, such interest income could not be said to attributable to acitivities of co-operative society and would not be eligible for under section 80P(2)(d)www.taxmann.com Latest Case LawsRead More

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