https://www.taxtmi.com/caselaws?id=428795 The Tribunal dismissed the Revenue's appeal for AY 2014-15 and 2013-14, affirming the CIT(A)'s decision. It emphasized the eligibility of Section 80P deductions for interest derived from credit provided to members by co-operative credit societies, distinguishing them from Nationalised Banks. The judgment highlighted the specific setup of such societies, upholding their entitlement to the deduction. en-us Fri, 07 Oct 2022 00:00:00 +0530 Mon, 10 Oct 2022 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428795 The Tribunal dismissed the Revenue's appeal for AY 2014-15 and 2013-14, affirming the CIT(A)'s decision. It emphasized the eligibility of Section 80P deductions for interest derived from credit provided to members by co-operative credit societies, distinguishing them from Nationalised Banks. The judgment highlighted the specific setup of such societies, upholding their entitlement to the deduction. Case-Laws Income Tax Fri, 07 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428795