https://www.taxtmi.com/caselaws?id=776480 The ITAT Mumbai allowed the assessee's claim for deduction under section 80P(2)(d) in respect of interest income received from co-operative banks. The tribunal relied on its own precedents and decisions of the Karnataka and Gujarat HCs, confirming the entitlement to the deduction. Consequently, the deduction for interest income from Saraswat Cooperative Bank and Maharashtra Cooperative Bank was granted for the relevant assessment years. en-us Mon, 06 Jan 2025 00:00:00 +0530 Tue, 12 Aug 2025 08:32:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776480 The ITAT Mumbai allowed the assessee's claim for deduction under section 80P(2)(d) in respect of interest income received from co-operative banks. The tribunal relied on its own precedents and decisions of the Karnataka and Gujarat HCs, confirming the entitlement to the deduction. Consequently, the deduction for interest income from Saraswat Cooperative Bank and Maharashtra Cooperative Bank was granted for the relevant assessment years. Case-Laws Income Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776480