THE GREEN CITY NAGRI SAHAKARI PAT SANSTHA MARYADIT,NAGPUR vs. ITO WARD 2(2), NAGPUR
In the result, appeal filed by the assessee is allowed
ITA 124/NAG/2024[2017-18]Status: DisposedITAT Nagpur22 Oct 2024AY 2017-18
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: NoneFor Respondent: Shri Abhay Y. Marathe
Section 154Section 234ASection 80PSection 80P(2)(a)Section 8O
2)(d) of the Act, the deduction is allowable on interest derived by Co–operative
Society from Investment / Dividend with a Cooperative Society. Hence, the deduction claimed of ` 18,98,518, under section 80P of the Act was disallowed