https://www.taxtmi.com/caselaws?id=256281 The ITAT Pune allowed the appeals of the assessees, holding that interest and dividend income earned from a Co-operative Society, like Sindhudurg District Central Co-operative Bank Ltd., is eligible for deduction under Sec. 80P(2)(d) of the Income-tax Act. The Tribunal emphasized the clear language of the provision and previous judgments supporting the assessee's claim for deduction, dismissing the revenue's appeal and confirming the deduction for the assessees. en-us Wed, 24 Dec 2014 00:00:00 +0530 Wed, 11 Apr 2018 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256281 The ITAT Pune allowed the appeals of the assessees, holding that interest and dividend income earned from a Co-operative Society, like Sindhudurg District Central Co-operative Bank Ltd., is eligible for deduction under Sec. 80P(2)(d) of the Income-tax Act. The Tribunal emphasized the clear language of the provision and previous judgments supporting the assessee's claim for deduction, dismissing the revenue's appeal and confirming the deduction for the assessees. Case-Laws Income Tax Wed, 24 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256281