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Case Law Details

Case Name : BSNL Employees Co-operative Society Ltd Vs ACIT (ITAT Bangalore)
Appeal Number : ITA No. 1003/Bang/2024
Date of Judgement/Order : 21/08/2024
Related Assessment Year : 2012-13
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BSNL Employees Co-operative Society Ltd Vs ACIT (ITAT Bangalore)

ITAT Bangalore held that BSNL Employees Co-operative Society Ltd. are eligible for deduction under section 80P(2) of the Income Tax Act for interest earned from deposits with Co-operative Banks.

Facts- The assessee is a cooperative society and filed

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