Case Law Details
Case Name : Navrang Basant Co-operative Housing Society Limited Vs ITO (ITAT Mumbai)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Mumbai
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Navrang Basant Co-operative Housing Society Limited Vs ITO (ITAT Mumbai)
Introduction: In a recent case before the Income Tax Appellate Tribunal (ITAT) in Mumbai, the issue of interest income deduction under Section 80P of the Income Tax Act for a cooperative housing society was under consideration. The case revolved around whether cooperative societies were eligible for this deduction.
1. Background of the ITAT Case: The case was brought before the ITAT
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