https://www.taxtmi.com/caselaws?id=430351 The Tribunal allowed the appeal, overturning the denial of deduction u/s.80P(2)(a)(i) on interest income of Rs.32,03,362 for the cooperative society. The Tribunal clarified that the cooperative society was eligible for deduction u/s 80P(2)(d) on interest income from investments/deposits with Co-operative Banks, based on relevant legal provisions and precedents. The decision was rendered on 15th November, 2022. en-us Tue, 15 Nov 2022 00:00:00 +0530 Wed, 16 Nov 2022 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430351 The Tribunal allowed the appeal, overturning the denial of deduction u/s.80P(2)(a)(i) on interest income of Rs.32,03,362 for the cooperative society. The Tribunal clarified that the cooperative society was eligible for deduction u/s 80P(2)(d) on interest income from investments/deposits with Co-operative Banks, based on relevant legal provisions and precedents. The decision was rendered on 15th November, 2022. Case-Laws Income Tax Tue, 15 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430351