https://www.taxtmi.com/caselaws?id=786349 A primary co-operative agricultural and rural development bank engaged in providing credit facilities to its members is treated as a co-operative society, not a co-operative bank, so section 80P(4) does not bar deduction under section 80P. Interest income attributable to the society's credit activity is deductible under section 80P(2)(a)(i), and e-stamping receipts are also treated as eligible income under section 80P(2)(c)(ii) where they arise from an authorised activity of the society. The stated effect is restoration of deduction for the relevant incomes under section 80P. en-us Mon, 09 Feb 2026 00:00:00 +0530 Wed, 11 Feb 2026 09:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786349 A primary co-operative agricultural and rural development bank engaged in providing credit facilities to its members is treated as a co-operative society, not a co-operative bank, so section 80P(4) does not bar deduction under section 80P. Interest income attributable to the society's credit activity is deductible under section 80P(2)(a)(i), and e-stamping receipts are also treated as eligible income under section 80P(2)(c)(ii) where they arise from an authorised activity of the society. The stated effect is restoration of deduction for the relevant incomes under section 80P. Case-Laws Income Tax Mon, 09 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786349