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Co-op 80P Deduction on Bank Interest Remanded to CIT(A) by ITAT
Case Law Details
- Case Name
- Jotesriram Anchal Samabay Krishi Unnayan Samity Ltd. Vs ITO (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Kolkata
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Jotesriram Anchal Samabay Krishi Unnayan Samity Ltd. Vs ITO (ITAT Kolkata)
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has remanded the appeal filed by Jotesriram Anchal Samabay Krishi Unnayan Samity Ltd., a Primary Agricultural Credit Society, back to the Commissioner of Income-tax (Appeals), NFAC, Delhi. The dispute for the Assessment Year 2017-18 centers on the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, concerning interest income.
The society, registered under the West Bengal Co-Operative Societies Act, 1912, operates primarily to pr...






