https://www.taxtmi.com/caselaws?id=276310 The Tribunal allowed the appeal filed by the Cooperative Credit Society, holding that interest income earned on deposits with banks other than cooperative banks qualifies for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal set aside the order of the CIT(A) and ruled in favor of the assessee, allowing their grounds for claiming the deduction. en-us Fri, 29 Jul 2016 00:00:00 +0530 Tue, 06 Nov 2018 07:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276310 The Tribunal allowed the appeal filed by the Cooperative Credit Society, holding that interest income earned on deposits with banks other than cooperative banks qualifies for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal set aside the order of the CIT(A) and ruled in favor of the assessee, allowing their grounds for claiming the deduction. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276310