{"id":48750,"date":"2024-12-01T14:04:19","date_gmt":"2024-12-01T08:34:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/anand-urban-co-operative-credit-society-ltd-v-ito-2024-206-itd-36-pune-trib\/"},"modified":"2024-12-01T14:04:19","modified_gmt":"2024-12-01T08:34:19","slug":"anand-urban-co-operative-credit-society-ltd-v-ito-2024-206-itd-36-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/anand-urban-co-operative-credit-society-ltd-v-ito-2024-206-itd-36-pune-trib\/","title":{"rendered":"Anand Urban Co-operative Credit Society Ltd. v. ITO (2024) 206 ITD 36 (Pune) (Trib.)"},"content":{"rendered":"<p>Held that interest income from a co-operative bank which was registered under Co-operative Societies Act, 1912 is eligible for deduction. \u00a0Held that commission income on collection of MSEDCL bills which was from business activity carried on by assessee, same is \u00a0eligible for deduction under section 80P(2)(a)(i). (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80P : Co-operative societies-Interest income-Co-Operative Bank-Eligible for deduction-Commission income on collection of MSEDCL bills which was from business activity-Eligible for deduction under section 80P(2)(a)(i) [S. 80P(2)(a)(i),  80P(2)(d)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-48750","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cGi","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=48750"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48750\/revisions"}],"predecessor-version":[{"id":48751,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48750\/revisions\/48751"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}