https://www.taxtmi.com/caselaws?id=263509 A co-operative credit society carrying on credit activities for members was treated as distinct from a co-operative bank, so deduction under section 80P(2)(a)(i) remained available. Section 80P(4) was held to exclude only co-operative banks and not credit co-operative societies, and the earlier acceptance of the same claim in a prior year, without any change in facts, supported that view. The disallowance was deleted; the interest ground was consequential. en-us Tue, 11 Aug 2015 00:00:00 +0530 Fri, 04 Sep 2015 07:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263509 A co-operative credit society carrying on credit activities for members was treated as distinct from a co-operative bank, so deduction under section 80P(2)(a)(i) remained available. Section 80P(4) was held to exclude only co-operative banks and not credit co-operative societies, and the earlier acceptance of the same claim in a prior year, without any change in facts, supported that view. The disallowance was deleted; the interest ground was consequential. Case-Laws Income Tax Tue, 11 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263509