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![Co-Operative Societies Engaged in Banking Business for the Public Not Eligible for Deduction u/s 80P of IT Act: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Co-Operative Societies Engaged in Banking Business for the Public Not Eligible for Deduction u/s 80P of IT Act: SC [Read Judgment]")
Co-Operative Societies Engaged in Banking Business for the Public Not Eligible for Deduction u/s 80P of IT Act: SC [Read Judgment]
A two-judge bench of the supreme Court recently ruled that co-operative societies engaged in banking business for the public not eligible for...
![Interest Earned on FD with Bank in relation to Export Business is Eligible for Deduction: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "Interest Earned on FD with Bank in relation to Export Business is Eligible for Deduction: Allahabad HC [Read Judgment]")
![SC confirms Income Tax Deduction of Interest on Loans taken for Setting up the Industry [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "SC confirms Income Tax Deduction of Interest on Loans taken for Setting up the Industry [Read Order]")
Possession Certificate from Co-Operative Society is valid proof for allowing Income Tax Deduction for Home loans: ITAT Mumbai [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal held that in order to claim deduction under section 24(2) of the Income Tax Act, 1961, the assessee need not submit the...
![Possession Certificate from Co-Operative Society is valid proof for allowing Income Tax Deduction for Home loans: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/ITAT-Ahmedabad.jpg "Possession Certificate from Co-Operative Society is valid proof for allowing Income Tax Deduction for Home loans: ITAT Mumbai [Read Order]")