Begin typing your search above and press return to search.
![ITAT Allows Section 80P Deduction for Kerala University Co-op Societys Bank Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Interest-Income-site-img.jpg "ITAT Allows Section 80P Deduction for Kerala University Co-op Societys Bank Interest Income [Read Order]")
ITAT Allows Section 80P Deduction for Kerala University Co-op Society's Bank Interest Income [Read Order]
The Income Tax Appellate Tribunal (ITAT) has ruled in favor of the Kerala University Employees Co-operative Society Ltd., granting it a deduction...
![Disallowance of Deduction Claim u/s 80P(2)(a)(i) of Income Tax Act without Following Precedence: Kerala HC sets aside Assessment order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Disallowance-Deduction-Claim-Income-Tax-Act-Kerala-HC-Assessment-order-taxscan.jpg "Disallowance of Deduction Claim u/s 80P(2)(a)(i) of Income Tax Act without Following Precedence: Kerala HC sets aside Assessment order [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 18]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-Annual-Digest-ITAT-Cases-annual-round-up-ITAT-Benches-of-India-Income-Tax-Act-Rules-Income-Tax-Appellate-Tribunal-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 18]")
![Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Verification-of-Expenditure-Section-80P2ai-of-Income-Tax-Act-taxscan.jpg "Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]")
![Lower Authorities passed Orders Overlooking SC Precedents: ITAT directs AO to Reconsider 80P deduction under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Appellate-Tribunal-ITAT-Banglore-Lower-Authorities-ITAT-Directs-AO-Reconsider-80P-deduction-under-Income-Tax-Income-Tax-TAXSCAN.jpg "Lower Authorities passed Orders Overlooking SC Precedents: ITAT directs AO to Reconsider 80P deduction under Income Tax [Read Order]")
Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that interest income from investment in Karnataka District Central Co-operative Bank ( KDCC Bank ) was not eligible for...
![Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-bangalore-investment-in-kdcc-bank-interest-income-from-kdcc-bank-remand-to-assessing-officer-taxscan.jpg "Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]")
Charging Higher Rate of Interest cannot be a ground for denying Deduction u/s 80P of Income Tax Act: Madras HC [Read Judgment]
The High Court of Madras, in a recent decision, ruled that the Co-operative Societies lending money for non-agricultural purpose are eligible for deduction under section 80P of the Income Tax Act,...
