{"id":9667,"date":"2020-02-07T06:30:12","date_gmt":"2020-02-07T06:30:12","guid":{"rendered":"http:\/\/itatonline.org\/digest\/surendranagar-district-co-op-milk-producers-union-ltd-v-dcit-2019-75-itr-339-179-itd-690-rajkot-trib\/"},"modified":"2020-02-07T06:30:12","modified_gmt":"2020-02-07T06:30:12","slug":"surendranagar-district-co-op-milk-producers-union-ltd-v-dcit-2019-75-itr-339-179-itd-690-rajkot-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/surendranagar-district-co-op-milk-producers-union-ltd-v-dcit-2019-75-itr-339-179-itd-690-rajkot-trib\/","title":{"rendered":"Surendranagar District Co-op. Milk Producers Union Ltd. v. DCIT (2019) 75 ITR 339 \/ 179 ITD 690 (Rajkot.)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assesee the Tribunal held that ,the activity of assessee-society of supplying milk to Mother Diary was interlinked with activities of its members primary co-operative societies and at same time primary co-operative societies could also not operate without assessee being a District level society, assessee&#8217;s claim for deduction under section 80P(2)(b) is \u00a0to be allowed. Tribunal also held that deduction u\/s 80P(2)(d) is available\u00a0 in respect of\u00a0 interest earned on deposits made with Co -operative Bank and not in respect of interest earned by it from deposits made with nationalised \/private banks. (AY.2012-13, 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80P : Co-operative societies\u2013Supply of milk to mother diary\u2013 Deduction u\/s.80P(2)(b) is allowable-Interest earned by it from deposits made with nationalised\/private banks, however, said benefit was available in respect of interest earned on deposits made with co-operative bank. [S. 80P(2)(b), 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":[1],"tags":[],"class_list":["post-9667","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2vV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9667","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=9667"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9667\/revisions"}],"predecessor-version":[{"id":9668,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9667\/revisions\/9668"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}