Section 80P(2)(d) Deduction Allowed on Interest from Co-operative Bank Deposits: ITAT Surat

DCIT Vs Bardoli Vibhag Gram Vikas Co-op. Society Limited (ITAT Surat) The Income Tax Appellate Tribunal, Surat Bench, decided four appeals filed by the Revenue against separate but similar orders passed by the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, dated 28.01.2025 for Assessment Years 2017–18, 2018–19, 2020–21, and 2022–23. Since the facts and issues were identical, all appeals were heard together, with Assessment Year 2017–18 treated as the lead case. The core dispute in all appeals related to the allowability of deduction under Section 80P(2)(d) of ...