Karnataka HC: Ex-Parte Order of German Court Granting Custody to Mother Not Acceptable  ||  P&H HC Issues Guidelines to Check Unnecessary Arrests  ||  SC: Members of RPF Can Seek Benefit Under Employees Compensation Act  ||  SC: For Appling S.106 of TPA, Tenant Must Prove That Premises was Leased for Manufacturing Purpose  ||  SC: Courts Should Restrain While Exercising Judicial Review in Contracts Involving Technical Issues  ||  Del. HC: Accrual of Cause of Action at a Place is not a Consideration for Determining Jurisdiction  ||  Mad. HC to State: Prevent use of Stickers such as ‘Police’ or ‘GOI’ on Private Vehicles  ||  Bom. HC: Magistrate Needn’t Provide Additional Reasons for Amount of Interim Compensation Awarded  ||  Del. HC: ‘THEOBROMA’ is Free to Expand its Outlets Across the Country  ||  Ker. HC: Detention Order Under KAPPA 2007 must be Confirmed Within 3 Months from Date of Execution    

SC: Agricultural Societies Entitled to Deduction Even if They Give Loans for Non-Agricultural Purpose - (13 Jan 2021)

DIRECT TAXATION

Supreme Court has ruled that Cooperative Societies registered as primary agricultural credit societies are entitled to deductions under Section 80P (2) (a) (i) of the Income-Tax Act, 1961 even when they may also be giving loans to their members which are not related to agriculture.

Tags : SC   DEDUCTION  

Share :        

Disclaimer | Copyright 2023 - All Rights Reserved