https://www.taxtmi.com/caselaws?id=178216 The Appellate Tribunal, ITAT Pune, held that interest received by the assessee from a bank qualifies for deduction under section 80P(2)(d) as income earned from business. The Tribunal determined that despite the bank not being a traditional cooperative society, it can be considered as one for claiming the deduction. The decision favored the assessee, upholding their eligibility for the deduction under section 80P(2)(d) of the Income Tax Act. en-us Wed, 27 Nov 2013 00:00:00 +0530 Wed, 21 Sep 2016 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178216 The Appellate Tribunal, ITAT Pune, held that interest received by the assessee from a bank qualifies for deduction under section 80P(2)(d) as income earned from business. The Tribunal determined that despite the bank not being a traditional cooperative society, it can be considered as one for claiming the deduction. The decision favored the assessee, upholding their eligibility for the deduction under section 80P(2)(d) of the Income Tax Act. Case-Laws Income Tax Wed, 27 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178216