https://www.taxtmi.com/caselaws?id=348903 The Tribunal allowed the appeal, directing the AO to permit the deduction under section 80P(2)(d) for interest income from deposits with Co-operative Banks. The Tribunal held that the provisions of section 80P(4) did not apply to the case, emphasizing that the deduction was still available for interest income from Co-operative Banks as they were not classified as Co-operative Societies. The decision overturned the CIT(A)'s ruling and was issued on 27th September 2017. en-us Wed, 27 Sep 2017 00:00:00 +0530 Thu, 22 Mar 2018 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348903 The Tribunal allowed the appeal, directing the AO to permit the deduction under section 80P(2)(d) for interest income from deposits with Co-operative Banks. The Tribunal held that the provisions of section 80P(4) did not apply to the case, emphasizing that the deduction was still available for interest income from Co-operative Banks as they were not classified as Co-operative Societies. The decision overturned the CIT(A)'s ruling and was issued on 27th September 2017. Case-Laws Income Tax Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348903