ITAT Weekly Round-Up: 18 To 24 August 2024

Income Tax Deduction Allowable To Interest Income 'Attributable' To Cottage Industry Business: ITATCase Title: Potheri Village Weaning Food Manufacturing Womens Development Industrial Coop Versus ITOThe Chennai bench of Income Tax Appellate Tribunal (ITAT) has held that the income tax deduction allowable to interest income 'attributable' to cottage industry business.Gift Received...