Cooperative banks can claim tax deductions on interest earned, regardless of business income source u/s 80P(2)(a)(i). https://www.taxtmi.com/highlights?id=5868 The question as to whether the business is derived from or attributable to SLR or non-SLR funds would not make any difference for the purposes of qualifying the interest earned by the cooperative bank under Section 80P(2)(a)(i) - HC en-us Mon, 22 Oct 2012 21:38:07 +0530 Mon, 22 Oct 2012 21:38:07 +0530 TaxTMI RSS Generator Cooperative banks can claim tax deductions on interest earned, regardless of business income source u/s 80P(2)(a)(i). https://www.taxtmi.com/highlights?id=5868 The question as to whether the business is derived from or attributable to SLR or non-SLR funds would not make any difference for the purposes of qualifying the interest earned by the cooperative bank under Section 80P(2)(a)(i) - HC Highlights Income Tax Mon, 22 Oct 2012 21:38:07 +0530 https://www.taxtmi.com/highlights?id=5868