Interest & Dividend from Investments between Co-op Societies Eligible for Section 80P(2)(D) Deduction

Konkan Education Society Sevak Sahakari Patpedhi Ltd Vs ITO (ITAT Pune) Introduction: The case of Konkan Education Society Sevak Sahakari Patpedhi Ltd versus the Income Tax Officer (ITO), as adjudicated by the Income Tax Appellate Tribunal (ITAT) Pune, sheds light on the eligibility of deductions under Section 80P(2)(D) of the Income Tax Act. This article delves into the details of the case, the arguments presented, and the tribunal’s ruling. Detailed Analysis: The appeals brought forth by the assessee center around the disallowance under Section 80P(2) of the Act. The crux of the matter...