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Co-op society entitled for deduction u/s. 80P(2)(d) in respect of interest received from co-op banks
Case Law Details
- Case Name
- Ishwar Bhavan Cooperative Housing Society Ltd Vs CIT(A) (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2021-22
- Courts
- All ITAT, ITAT Mumbai
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Ishwar Bhavan Cooperative Housing Society Ltd Vs CIT(A) (ITAT Mumbai)
By placing reliance on the co-ordinate Bench decision of this Tribunal in the case of Tulsiani Chambers Premises Co-operative Society Ltd vs ITO in ITA Nos.2459-2462/Mum/2021 dated 18/04/2022 which are reproduced hereinabove, we hold that assessee society would be entitled for deduction u/s.80P(2)(d) of the Act in respect of interest received from cooperative banks.
FULL TEXT OF THE ORDER OF ITAT MUMBAI
These appeals in ITA No.3285/Mum/2022 & 3269/Mum/2022 for A.Y.2020-21 & 2021-22 arises out of th...
