https://www.taxtmi.com/caselaws?id=757222 The Tribunal reversed the NFAC's decision, granting the appeal in favor of the appellant, a Credit Cooperative Society. The Tribunal determined that the interest income earned from deposits with Cooperative Banks qualifies for deduction under section 80P(2)(d) of the Income Tax Act, thereby allowing the claimed deduction for the assessment year 2018-19. en-us Wed, 14 Aug 2024 00:00:00 +0530 Tue, 20 Aug 2024 08:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757222 The Tribunal reversed the NFAC's decision, granting the appeal in favor of the appellant, a Credit Cooperative Society. The Tribunal determined that the interest income earned from deposits with Cooperative Banks qualifies for deduction under section 80P(2)(d) of the Income Tax Act, thereby allowing the claimed deduction for the assessment year 2018-19. Case-Laws Income Tax Wed, 14 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757222