ITAT Bangalore Allows 80P Deduction on Interest From Co-operative Banks; 307-Day Delay Condoned

Jammanahally Prathamika Krishi Pattina Sahakara Sangha Vs ITO (ITAT Bangalore)

ITAT Bangalore Allows 80P Deduction on Interest From Co-operative Banks; 307-Day Delay Condoned

The Bangalore SMC Bench of the ITAT condoned a delay of 307 days in filing the appeal and allowed deduction u/s 80P(2)(a)(i) on interest income earned by a primary agricultural credit co-operative society from deposits with co-operative banks. The Tribunal he

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