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![A Co-operative Society registered as Primary Agricultural Credit Society is entitled to 80P Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Credit-Co-Operative-Society-Taxscan.jpg "A Co-operative Society registered as Primary Agricultural Credit Society is entitled to 80P Deduction: ITAT [Read Order]")
A Co-operative Society registered as Primary Agricultural Credit Society is entitled to 80P Deduction: ITAT [Read Order]
While refusing the decision of Supreme Court Cochin bench of Income Tax Appellate Tribunal (ITAT) recently held that a co-operative society which is...
![ITAT confirms Addition since there is No Direct Nexus b/w Amount Seized from Assessee and the Withdrawal from Bank Account of Assessee’s relative [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "ITAT confirms Addition since there is No Direct Nexus b/w Amount Seized from Assessee and the Withdrawal from Bank Account of Assessee’s relative [Read Order]")
![‘Secret Commission’ paid to Doctors for Scanning and Medical Examinations are subject to TDS: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Secret-Commission-to-Doctors.jpg "‘Secret Commission’ paid to Doctors for Scanning and Medical Examinations are subject to TDS: ITAT Cochin [Read Order]")
![On-Money/Unaccounted Money Received on Account of Sale of Agricultural Land is not Taxable: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "On-Money/Unaccounted Money Received on Account of Sale of Agricultural Land is not Taxable: ITAT Cochin [Read Order]")
![Interest accrued on the Unrecognized Provident Fund is Taxable as ‘Income from Other Sources’: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Interest-Taxscan-ITAT-Cochin.jpg "Interest accrued on the Unrecognized Provident Fund is Taxable as ‘Income from Other Sources’: ITAT Cochin [Read Order]")
Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]
In a recent decision, the Cochin bench of the ITAT ruled that the loss incurred on the sale of shares of a wholly-owned subsidiary is allowable as business loss under section 37(1) of the Income Tax...
![Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]")