Interest on cooperative society deposits now covered by the deduction provision for specified individual and family assessees. The amendment rephrases the provision to apply to assessees who are individuals, Hindu undivided families, or associations of persons/bodies of individuals consisting only of husband and wife under a community property regime, and inserts a new clause treating interest on deposits with a co operative society, made by a member of the society (excluding the cooperative society in the earlier clause), as income within the provision; minor textual changes in prior clauses enable inclusion of the new item.