![Interest Income from Deposits with Co-operative Banks qualifies for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Interest-Income-Interest-Income-from-Deposits-Co-operative-Banks-Income-Tax-Act-under-Section-80P2d-of-the-Income-Tax-Act-ITAT-news-taxscan.jpg "Interest Income from Deposits with Co-operative Banks qualifies for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]")
Interest Income from Deposits with Co-operative Banks qualifies for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that interest income earned from deposits with co-operative banks qualifies for a...
![Interest received from FDR Taxable as ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/FDR-Interest-Interest-received-from-FDR-Income-ITAT-taxscan.jpg "Interest received from FDR Taxable as ‘Other Income’: ITAT [Read Order]")
![Interest Income from FDRs not Taxable till the Date of Final Arbitral Award where Ownership is Determined: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Income-FDRs-Delhi-HC-TAXSCAN.jpg "Interest Income from FDRs not Taxable till the Date of Final Arbitral Award where Ownership is Determined: Delhi HC [Read Order]")
![Setback to Income Tax Department: Delhi HC allows Huawei CEO to Travel Abroad [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Department-Delhi-HC-Huawei-CEO-Travel-Abroad-taxscan-1.jpeg "Setback to Income Tax Department: Delhi HC allows Huawei CEO to Travel Abroad [Read Judgment]")
![Interest on FDR can be treated as Income from Other Sources under Sec 56, If claim of 80P got rejected: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-FDR-income-from-other-sources-ITAT-taxscan-1.jpg "Interest on FDR can be treated as Income from Other Sources under Sec 56, If claim of 80P got rejected: ITAT [Read Order]")
![ITAT upholds Additions on account of Unexplained Investment in FDR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/ITAT-unexplained-investment-FDR-Taxscan.jpeg "ITAT upholds Additions on account of Unexplained Investment in FDR [Read Order]")
Delhi HC grants Travel Permit to Chinese Lady caught for Smuggling Foreign Currency in India [Read Judgment]
The Delhi High Court granted a Travel Permit to Chinese Lady caught for Smuggling Foreign Currency in India. The petitioner, Chen Hsui Yun aged 54, was caught in a currency smuggling case. It was...
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]")
Rajasthan HC grants Bail to Chartered Accountant accused of Corruption and Money Laundering [Read Order]
The High Court of Rajasthan has allowed the bail application of the Chartered Accountants (CAs), who were accused of corruption and Money Laundering. The High Court while dealing with the application...
![Rajasthan HC grants Bail to Chartered Accountant accused of Corruption and Money Laundering [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/GST-Bail-Taxscan.jpg "Rajasthan HC grants Bail to Chartered Accountant accused of Corruption and Money Laundering [Read Order]")
Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in the case of M/s. Karanja Terminal and Logistics Pvt. Ltd. held that interest received on FDRs/ICDs with bank/NBFCs made out of...
![Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Capital-Receipt-Taxscan.jpg "Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]")