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    <title>2023 (4) TMI 1350 - ITAT MUMBAI</title>
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    <description>ITAT Mumbai allowed the assessee&#039;s appeal regarding deduction under section 80P(2)(d) for interest income from cooperative bank deposits. The tribunal held that interest received from cooperative banks by a cooperative society qualifies for deduction under section 80P(2)(d), following consistent precedents where similar claims were allowed in favor of assessees. The deduction was granted for interest income earned from cooperative banks.</description>
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      <link>https://www.taxtmi.com/caselaws?id=456979</link>
      <description>ITAT Mumbai allowed the assessee&#039;s appeal regarding deduction under section 80P(2)(d) for interest income from cooperative bank deposits. The tribunal held that interest received from cooperative banks by a cooperative society qualifies for deduction under section 80P(2)(d), following consistent precedents where similar claims were allowed in favor of assessees. The deduction was granted for interest income earned from cooperative banks.</description>
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      <pubDate>Fri, 21 Apr 2023 00:00:00 +0530</pubDate>
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