![Demand for Extended Period Not Sustainable When Entire Service Tax on Outdoor Catering with Interest Paid Before Issue of SCN: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Demand-Demand-for-Extended-Period-Not-Sustainable-Extended-Period-Service-Tax-Service-Tax-on-Outdoor-Catering-with-Interest-Paid-Before-Issue-of-SCN-SCN-CESTAT-Taxscan.jpg "Demand for Extended Period Not Sustainable When Entire Service Tax on Outdoor Catering with Interest Paid Before Issue of SCN: CESTAT [Read Order]")
Demand for Extended Period Not Sustainable When Entire Service Tax on Outdoor Catering with Interest Paid Before Issue of SCN: CESTAT [Read Order]
In a significant case, the Chandigarh bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that demand for an extended...
![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 from Investment in Cooperative Banks by Cooperative Societies Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-Income-from-Investment-Interest-Income-Cooperative-Banks-Cooperative-Societies-Deduction-ITAT-Cooperative-Societies-Eligible-for-Deduction-taxscan.jpg "Interest Income from Investment in Cooperative Banks by Cooperative Societies Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]")
Deduction u/s 80P(4) allowable to Cooperative Society involved in the Business of Banking: Orissa HC [Read Order]
While considering a writ petition, the Orissa High Court (HC) has held that deduction under section 80P(4) of the Income Tax Act, 1961 is allowable to Cooperative Societies involved in the business...
![Interest Income earned by Co-operative Societies Eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Interest-Income-Co-operative-Societies-Income-Tax-Deduction-Income-Tax-ITAT-taxscan.jpg "Interest Income earned by Co-operative Societies Eligible for Income Tax Deduction: ITAT [Read Order]")
No TDS on Interest paid by Cooperative Society to Member: ITAT upholds Disallowance u/s 40(a)(ia) made by CIT(A) [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that no TDS on interest paid by cooperative society to members and upheld the disallowance u/s 40(a)(ia) of the Income Tax Act,1961...
![No TDS on Interest paid by Cooperative Society to Member: ITAT upholds Disallowance u/s 40(a)(ia) made by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/TDS-interest-cooperative-society-member-ITAT-disallowance-CITA-taxscan.jpg "No TDS on Interest paid by Cooperative Society to Member: ITAT upholds Disallowance u/s 40(a)(ia) made by CIT(A) [Read Order]")
Co-operative Society providing Financial Accommodation to members without RBI License for Banking Business is eligible for Exemption u/s 80P(2)(a)(I): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench has held that the cooperative society providing financial accommodation to members without Reserve Bank of India (RBI) license for banking...
![Co-operative Society providing Financial Accommodation to members without RBI License for Banking Business is eligible for Exemption u/s 80P(2)(a)(I): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Chennai-Co-operative-Society-Financial-Accommodation-members-RBI-License-Banking-Business-Exemption-ITAT-Taxscan.jpeg "Co-operative Society providing Financial Accommodation to members without RBI License for Banking Business is eligible for Exemption u/s 80P(2)(a)(I): ITAT [Read Order]")
![Income Tax Penalty u/s 271E cannot be levied in the absence of Regular Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Penalty-Regular-Assessment-ITAT-Taxscan.jpeg "Income Tax Penalty u/s 271E cannot be levied in the absence of Regular Assessment: ITAT [Read Order]")
Interest on Deposits/FDR of Co-operative Bank eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench held that the interest received by the assessee from the Cooperative Bank is eligible for deduction under section 80P(2)(d) of the Income Tax...
![Interest on Deposits/FDR of Co-operative Bank eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Interest-on-Deposits-FDR-Co-operative-Bank-eligible-for-deduction-Income-Tax-Act-ITAT-Taxscan.jpg "Interest on Deposits/FDR of Co-operative Bank eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]")
No TDS liability on Co-operative Society under GST from payment made to it by Vendors for Providing Taxable Goods: AAR [Read Order]
The Authority for Advance Ruling, Karnataka has ruled that, TDS provision are not applicable to a cooperative society registered under the Karnataka State Co-operative Society Act, 2001 under GST from...
![No TDS liability on Co-operative Society under GST from payment made to it by Vendors for Providing Taxable Goods: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Karnataka-Co-Operative-Milk-Producers-Federation-Taxscan.jpg "No TDS liability on Co-operative Society under GST from payment made to it by Vendors for Providing Taxable Goods: AAR [Read Order]")