Category: Hsg Society
👌👌👌Here’s 9 Income Tax relief to Cooperative societies including Cash Transactions u/s 269T
Clipped from: https://www.taxscan.in/9-income-tax-relief-to-cooperative-societies-including-cash-transactions-u-s-269t-minister-amit-shahs-rajya-sabha-reply/466082/ The income tax reliefs provided to the cooperatives was listed by the Minister of Cooperation Amit Shah in his written reply before the
👌👌👌Deduction u/s. 80P(2)(d) not available on interest from savings bank account in co-operative bank
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-interest-savings-bank-account-co-operative-bank.html Karumandurmedu MPCS Ltd Vs DCIT (ITAT Chennai) ITAT Chennai held that interest earned out of savings bank account maintained in a co-operative bank
Deduction u/s. 80P(2)(d) available to co-op society for funds deposited in co-op banks: ITAT Ahmedabad
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-funds-deposited-co-operative-banks-itat-ahmedabad.html Sumel 6 Commercial Co-op. Service Society Limited Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that co-operative society is entitled for deduction under section