GOMATI CO-OPERATIVE MILK PRODUCERS UNION LIMITED,AGARTALA vs. ACIT-NATIONAL-E-ASSEMENT CENTRE, NEW DELHI
ITA 136/GTY/2023[2018-19]Status: DisposedITAT Guwahati20 Jan 2025AY 2018-19
Bench: Shri Manomohan Das, Hon’Ble & Shri Rakesh Mishra, Hon’Ble
For Appellant: Shri Kishor Jain, FCAFor Respondent: Shri Kaushik Ray, JCIT
Section 143(3)Section 250Section 5Section 56Section 80PSection 80P(2)(d)Section 80P(4)
1,25,40,477/- on deposits with various Co-operative Banks / Commercial Banks and claimed the entire interest income as deduction u/s 80P(2)(d) of the Act. The same was disallowed by the ld.
AO by treating it as income from other sources u/s 56 of the Act.
Aggrieved, the assessee filed 1st appeal before
