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Case Law Details

Case Name : Venus Parkland Co-Op. Housing Service Society Ltd Vs ITO (ITAT Ahmedabad)
Appeal Number : ITA No. 1039/Ahd/2023
Date of Judgement/Order : 07/08/2024
Related Assessment Year : 2018-19
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Venus Parkland Co-Op. Housing Service Society Ltd Vs ITO (ITAT Ahmedabad)

ITAT Ahmedabad held that addition on account of interest income earned on fixed deposits from Banks and rental income earned by the Society are eligible to set off of maintenance expenses. Thus, addition deleted.

Facts- The assessee is Co-o

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