https://www.taxtmi.com/caselaws?id=408416 The ITAT allowed the appeals, determining that the appellant, a cooperative society, was eligible for a deduction under Section 80P(2)(d) for interest income earned from other cooperative societies. The Tribunal directed the AO to allow expenditure under Section 57 related to interest income from commercial banks. The appellant's appeals were allowed, and the addition was deleted due to no material change in facts. en-us Mon, 31 May 2021 00:00:00 +0530 Sat, 26 Oct 2024 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408416 The ITAT allowed the appeals, determining that the appellant, a cooperative society, was eligible for a deduction under Section 80P(2)(d) for interest income earned from other cooperative societies. The Tribunal directed the AO to allow expenditure under Section 57 related to interest income from commercial banks. The appellant's appeals were allowed, and the addition was deleted due to no material change in facts. Case-Laws Income Tax Mon, 31 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408416