https://www.taxtmi.com/caselaws?id=464482 ITAT allowed the appeal, holding that the assessee, a co-operative society engaged in banking/credit activities for members, received interest income attributable to its business. Consequently the income qualified for deduction under section 80P(2)(a)(i) rather than being restricted under section 80P(2)(d). The tribunal applied the statutory provisions to the facts and granted the deduction. en-us Fri, 22 Nov 2024 00:00:00 +0530 Fri, 31 Oct 2025 15:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464482 ITAT allowed the appeal, holding that the assessee, a co-operative society engaged in banking/credit activities for members, received interest income attributable to its business. Consequently the income qualified for deduction under section 80P(2)(a)(i) rather than being restricted under section 80P(2)(d). The tribunal applied the statutory provisions to the facts and granted the deduction. Case-Laws Income Tax Fri, 22 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464482