https://www.taxtmi.com/caselaws?id=787416 Interest and dividend received by a cooperative society from a cooperative bank registered under the Co-operative Societies Act qualify for deduction under Section 80P(2)(d) of the Income-tax Act, 1961. Jurisdictional High Court decisions recognise that such income falls within the statutory deduction available to cooperative societies. The deduction is therefore allowable for interest and dividend derived from the registered cooperative bank. en-us Thu, 29 Jan 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787416 Interest and dividend received by a cooperative society from a cooperative bank registered under the Co-operative Societies Act qualify for deduction under Section 80P(2)(d) of the Income-tax Act, 1961. Jurisdictional High Court decisions recognise that such income falls within the statutory deduction available to cooperative societies. The deduction is therefore allowable for interest and dividend derived from the registered cooperative bank. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787416