https://www.taxtmi.com/caselaws?id=765569 ITAT Mumbai allowed deduction under section 80P(2)(d) for interest income earned from investment with cooperative banks. The tribunal relied on precedent from Pathare Prabhu Co-operative Housing Society Ltd. case, where identical deduction was permitted. The assessing officer was directed to grant the deduction to the assessee for interest income from cooperative bank investments. The case was decided in favor of the assessee. en-us Wed, 22 Jan 2025 00:00:00 +0530 Tue, 04 Feb 2025 08:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765569 ITAT Mumbai allowed deduction under section 80P(2)(d) for interest income earned from investment with cooperative banks. The tribunal relied on precedent from Pathare Prabhu Co-operative Housing Society Ltd. case, where identical deduction was permitted. The assessing officer was directed to grant the deduction to the assessee for interest income from cooperative bank investments. The case was decided in favor of the assessee. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765569