Deduction u/s.80p
This query is : Resolved
kamlesh bissa
(Querist)
13 November 2015
is any changes of deduction allowable to co-op. hsg society from co-op. banks in form of interest on f.d. which was earlier allowable u/s.80p as any income by co-op. from other co-op.
why the department has disallowed the same and raised demand in intimation.
i want expert's advise
please help
Prakash Kochar
(Expert)
19 November 2015
Int. or dividend earned from other Co-op. society, by assessee society is allowable deduction u/s. 80P.
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