Sponsored
    Follow Us:

Case Law Details

Case Name : Oberoi Spring Co–operative Housing Society Limited Vs ITO (ITAT Mumbai)
Related Assessment Year : 2016-17
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Oberoi Spring Co–operative Housing Society Limited Vs ITO (ITAT Mumbai)

ITAT Mumbai held that deduction under section 80P(2)(d) is allowable on the entire interest income received by the assessee from the Co-operative bank which includes the amount credited to the balance sheet.

Facts- The assessee is a co-operative housing society, a non-profit making entity, formed with the objective of maintaining and protecting building occupied by its members.

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

One Comment

  1. Anjan Majumdar says:

    I purchased units under uti mutual fund MEP 1995 in 1995 and redeemed them in Nov 2022. Is the profit earned on redemption totally taxable if so at what rate

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31