None
RU
SC: State Cooperative Agricultural Bank Eligible for Section 80P Deduction
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Sandeep Kanoi', 'August']
taxguruin
AdvertisementKerala State Co-Operative Agricultural And Rural Development Bank Ltd. Vs Assessing Officer (Supreme Court of India) The Supreme Court considered a batch of appeals arising from the judgment of the Kerala High Court dated 26 November 2015, the order of the Commissioner of Income Tax (Appeals) dated 8 August 2016, and the order of the Income Tax Appellate Tribunal dated 7 February 2019.
The common issue was whether the appellant, Kerala State Co-Operative Agricultural and Rural Development Bank Ltd., was entitled to deduction of the whole of its profits and gains under Section 80P of the Income...