https://www.taxtmi.com/caselaws?id=310124 The Appellate Tribunal ITAT Pune allowed the appeal, overturning the decision to deny deduction u/s.80P for interest income earned from deposits with cooperative banks. The Tribunal held that the assessee, a Cooperative credit society, was eligible for deduction u/s 80P(2)(d) on interest income from investments/deposits with cooperative banks, despite limitations on deductions for cooperative banks. The order was pronounced on 07th June, 2023. en-us Wed, 07 Jun 2023 00:00:00 +0530 Sat, 07 Oct 2023 08:32:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310124 The Appellate Tribunal ITAT Pune allowed the appeal, overturning the decision to deny deduction u/s.80P for interest income earned from deposits with cooperative banks. The Tribunal held that the assessee, a Cooperative credit society, was eligible for deduction u/s 80P(2)(d) on interest income from investments/deposits with cooperative banks, despite limitations on deductions for cooperative banks. The order was pronounced on 07th June, 2023. Case-Laws Income Tax Wed, 07 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310124