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![Cooperative Societies Eligible for Deduction on Interest Income from Cooperative Banks: ITAT Cites Co-op Banks are basically Co-op Societies’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Puna-Cooperative-Societies-Cooperative-Banks-Taxscan.jpg "Cooperative Societies Eligible for Deduction on Interest Income from Cooperative Banks: ITAT Cites Co-op Banks are basically Co-op Societies’ [Read Order]")
Cooperative Societies Eligible for Deduction on Interest Income from Cooperative Banks: ITAT Cites 'Co-op Banks are basically Co-op Societies’ [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) ruled that interest income earned from cooperative banks qualifies for a deduction under...
![No taxability arises in Absence of any Income Escapement on Repatriating Rs. 203.56 Cr arising from NCDs Redemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-NCDs-Redemption-taxscan.jpg "No taxability arises in Absence of any Income Escapement on Repatriating Rs. 203.56 Cr arising from NCDs Redemption: ITAT [Read Order]")
![Non-Issue of Intimation u/s 245 of Income Tax Act: Delhi High Court allows 20% Adjustment of Refund against Income Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Non-Issue-of-Intimation-Income-Tax-Act-Delhi-High-Court-Refund-against-Income-Tax-Demand-Income-Tax-Demand-taxscan.jpg "Non-Issue of Intimation u/s 245 of Income Tax Act: Delhi High Court allows 20% Adjustment of Refund against Income Tax Demand [Read Order]")
![ITAT quashes Assessment Order framed u/s 143(3) of Income Tax Act in Name of Non-Existent Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Assessment-Order-Income-Tax-Act-Name-of-Non-Existent-Entity-taxscan.jpg "ITAT quashes Assessment Order framed u/s 143(3) of Income Tax Act in Name of Non-Existent Entity [Read Order]")
![Calcutta HC quashes Re-Assessment passed without Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Calcutta-HC-Re-Assessment-Application-of-Mind-taxscan.jpg "Calcutta HC quashes Re-Assessment passed without Application of Mind [Read Order]")
NRIs who don’t have Bank Account in India will get Income Tax Refund through their Foreign Bank Account, says Govt
Non-Residents need not give account details if seeking no refund. The Income Tax Refunds will be credited to Foreign Bank Account also for Non-Residents who is not having bank account in India,...
