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![Bonus to Co-operative Societies by KMF is Dividend, Eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/bonus-Income-Tax-Deduction-KMF-ITAT-Taxscan.jpg "Bonus to Co-operative Societies by KMF is Dividend, Eligible for Income Tax Deduction: ITAT [Read Order]")
Bonus to Co-operative Societies by KMF is 'Dividend', Eligible for Income Tax Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the nature of the bonus paid by the Karnataka Milk Federation (KMF) is a...