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ITAT: Interest Income Earned By Co-Operative Society Eligible For Deduction - (23 Jan 2023)

DIRECT TAXATION

Income Tax Appellate Tribunal, Mumbai has observed that the interest income earned by a co-operative society on its investments held with co-operative banks would be eligible for claim of deduction under section 80P(2)(d) of the Income Tax Act, 1961.

Tags : INCOME TAX APPELLATE TRIBUNAL   INTEREST   DEDUCTION  

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