https://www.taxtmi.com/caselaws?id=773289 ITAT PUNE allowed the assessee's appeal regarding deduction under Section 80P(2)(d) for interest income from deposits with Cooperative Bank. Lower authorities had denied the deduction claiming the bank was not a Cooperative Society. The tribunal held that interest income from Cooperative Bank deposits is eligible for deduction under Section 80P(2)(d), following consistent judicial precedent including recent decision in Annapurna Nagari Sahkari Pathsanstha case. The deduction was allowed. en-us Tue, 17 Jun 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773289 ITAT PUNE allowed the assessee's appeal regarding deduction under Section 80P(2)(d) for interest income from deposits with Cooperative Bank. Lower authorities had denied the deduction claiming the bank was not a Cooperative Society. The tribunal held that interest income from Cooperative Bank deposits is eligible for deduction under Section 80P(2)(d), following consistent judicial precedent including recent decision in Annapurna Nagari Sahkari Pathsanstha case. The deduction was allowed. Case-Laws Income Tax Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773289