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Case Law Details

Case Name : Khedbrahma Taluka Primary Teachers Co-operative Credit Society Limited Vs ITO (ITAT Ahmedabad)
Appeal Number : ITA No. 115/Ahd/2023
Date of Judgement/Order : 01/08/2024
Related Assessment Year : 2018-19
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Khedbrahma Taluka Primary Teachers Co-operative Credit Society Limited Vs ITO (ITAT Ahmedabad)

ITAT Ahmedabad held that interest income earned by the assessee (i.e. Cooperative society) from deposits with Co­operative Banks shall be allowed as deduction u/s 80P(2)(d) of the Income Tax Act.

Facts- The assessee is

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