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![Interest Income by Cooperative Society on Deposits of Surplus Funds Eligible for Deduction u/ss 80P(2)(a)i) and 80P(2)(d) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Interest-Income-Interest-Income-by-Cooperative-Society-Cooperative-Society-Cooperative-Society-on-Deposits-Deposits-Surplus-Funds-Funds-Deduction-Income-Tax-Act-ITAT-Income-Tax-taxscan.jpg "Interest Income by Cooperative Society on Deposits of Surplus Funds Eligible for Deduction u/ss 80P(2)(a)i) and 80P(2)(d) of Income Tax Act: ITAT [Read Order]")
Interest Income by Cooperative Society on Deposits of Surplus Funds Eligible for Deduction u/ss 80P(2)(a)i) and 80P(2)(d) of Income Tax Act: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT) held that the Interest income earned by the cooperative society on deposits of surplus...
![Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-court-directs-AO-determine-borrowed-funds-advancing-loans-Subsidiary-Company-Surplus-Funds-Company-Taxscan.jpeg "Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]")
![Interest income from Surplus Fund invested in Short Term Deposits and Securities is ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Cash-deposit-min.jpg "Interest income from Surplus Fund invested in Short Term Deposits and Securities is ‘Other Income’: ITAT [Read Order]")
