https://www.taxtmi.com/caselaws?id=756656 The Tribunal allowed the appeal filed by the appellant, a cooperative society, regarding the eligibility for exemption under section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal directed the Assessing Officer to grant the exemption for interest income earned from fixed deposits with cooperative/scheduled banks, aligning with the Karnataka High Court's judgment. en-us Mon, 05 Aug 2024 00:00:00 +0530 Wed, 07 Aug 2024 06:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756656 The Tribunal allowed the appeal filed by the appellant, a cooperative society, regarding the eligibility for exemption under section 80P(2)(a)(i) of the Income Tax Act, 1961. The Tribunal directed the Assessing Officer to grant the exemption for interest income earned from fixed deposits with cooperative/scheduled banks, aligning with the Karnataka High Court's judgment. Case-Laws Income Tax Mon, 05 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756656