Sponsored
    Follow Us:

Case Law Details

Case Name : Potheri Village Weaning Food Manufacturing Womens Development Industrial Coop Vs ITO (ITAT Chennai)
Related Assessment Year : 2017-18
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Potheri Village Weaning Food Manufacturing Womens Development Industrial Coop Vs ITO (ITAT Chennai)

ITAT Chennai held that the assessee is a cottage society and the entire income is attributable to business of the society and hence eligible to claim Interest earned on deposit also as deduction U/s.80P(2)(a)(ii) of the Income Tax Act.

Facts- The assessee is a co-operative society formed and managed by the Govt. of Tamilnadu through the department of Social welfare. The Assessee is a cottage Industry assessed as AOP (Co- operative Society) under the Income Tax

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.

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Your email address will not be published.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