https://www.taxtmi.com/caselaws?id=751306 The ITAT Pune held that a co-operative society is entitled to deduction under Section 80P(2)(d) for interest income derived from investments made in other co-operative or banks. Following the precedent in The Rena Sahakari Sakhar Karkhana Ltd., the tribunal ruled that as long as the interest income originates from investments made by one co-operative society in another co-operative society, the statutory deduction is available. The decision favored the assessee. en-us Wed, 20 Mar 2024 00:00:00 +0530 Tue, 24 Mar 2026 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751306 The ITAT Pune held that a co-operative society is entitled to deduction under Section 80P(2)(d) for interest income derived from investments made in other co-operative or banks. Following the precedent in The Rena Sahakari Sakhar Karkhana Ltd., the tribunal ruled that as long as the interest income originates from investments made by one co-operative society in another co-operative society, the statutory deduction is available. The decision favored the assessee. Case-Laws Income Tax Wed, 20 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751306