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    <title>2023 (3) TMI 49 - ITAT PUNE</title>
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    <description>The Tribunal allowed the appeals, directing the Ld. AO to grant the deduction under section 80P(2)(d) for interest and dividend income derived from Co-operative Societies like Pune District Central Co-operative Bank, based on recent Pune Tribunal decisions. The NFAC orders denying the deductions were overruled, aligning with the assessee&#039;s position that such income qualifies for deduction.</description>
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      <link>https://www.taxtmi.com/caselaws?id=434663</link>
      <description>The Tribunal allowed the appeals, directing the Ld. AO to grant the deduction under section 80P(2)(d) for interest and dividend income derived from Co-operative Societies like Pune District Central Co-operative Bank, based on recent Pune Tribunal decisions. The NFAC orders denying the deductions were overruled, aligning with the assessee&#039;s position that such income qualifies for deduction.</description>
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