https://www.taxtmi.com/caselaws?id=781927 ITAT Pune held that interest income earned by the assessee from deposits and investments with Co-operative Banks is eligible for deduction under s.80P(2)(d), following consistent precedent that Co-operative Banks are essentially Co-operative Societies for this purpose. However, as supporting details were not produced before the lower authorities, the matter was remanded to the AO. The AO was directed to examine the details to be furnished by the assessee, grant due opportunity of hearing, and allow the deduction if the claim is found correct. en-us Wed, 29 Oct 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781927 ITAT Pune held that interest income earned by the assessee from deposits and investments with Co-operative Banks is eligible for deduction under s.80P(2)(d), following consistent precedent that Co-operative Banks are essentially Co-operative Societies for this purpose. However, as supporting details were not produced before the lower authorities, the matter was remanded to the AO. The AO was directed to examine the details to be furnished by the assessee, grant due opportunity of hearing, and allow the deduction if the claim is found correct. Case-Laws Income Tax Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781927