ITAT allows Claim of Deduction u/s 80P (2) (a) (i) in respect of Interest Earned from Credit Facilities extended to members including Nominal / Associate Members [Read Order]
The deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, was allowed in respect of the interest earned by the assessee from credit facilities extended to members, including nominal and associate members
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the claim of deduction under Section 80P (2)(a)(i) in respect of interest earned from credit facilities extended to members, including nominal and associate members. The assessee M/s. Sullia Taluk Women’s Multipurpose Cooperative Society Ltd. is a primary agricultural co-operative society engaged in…
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
