https://www.taxtmi.com/caselaws?id=774955 Interest and dividend earned by a co-operative credit society from investments with co-operative banks is stated to fall within section 80P(2)(d), because a co-operative bank is treated as a co-operative society for that purpose. The note further states that section 80P(4) does not bar the deduction where the recipient is not itself a co-operative bank. On that basis, the disallowance of deduction under section 80P(2)(d) is described as unjustified and the society is treated as entitled to the deduction. en-us Fri, 25 Apr 2025 00:00:00 +0530 Thu, 17 Jul 2025 08:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774955 Interest and dividend earned by a co-operative credit society from investments with co-operative banks is stated to fall within section 80P(2)(d), because a co-operative bank is treated as a co-operative society for that purpose. The note further states that section 80P(4) does not bar the deduction where the recipient is not itself a co-operative bank. On that basis, the disallowance of deduction under section 80P(2)(d) is described as unjustified and the society is treated as entitled to the deduction. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774955