https://www.taxtmi.com/caselaws?id=774905 The ITAT PUNE allowed the assessee's appeal regarding denial of deduction under section 80P(2)(d) for interest earned from investments with Cooperative Banks. The tribunal held that based on consistent judicial precedents, interest income from deposits with Cooperative Banks is eligible for deduction under section 80P(2)(d). The AO was directed to allow the deduction, following the established legal position that this issue is no longer res integra given the catena of decisions supporting such deductions. en-us Mon, 14 Jul 2025 00:00:00 +0530 Wed, 16 Jul 2025 08:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774905 The ITAT PUNE allowed the assessee's appeal regarding denial of deduction under section 80P(2)(d) for interest earned from investments with Cooperative Banks. The tribunal held that based on consistent judicial precedents, interest income from deposits with Cooperative Banks is eligible for deduction under section 80P(2)(d). The AO was directed to allow the deduction, following the established legal position that this issue is no longer res integra given the catena of decisions supporting such deductions. Case-Laws Income Tax Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774905