https://www.taxtmi.com/caselaws?id=790112 Section 80P(2)(a)(i) relief for a co-operative credit institution depends on a real nexus between the receipt and the eligible credit business. Interest on surplus or statutory fund investments was treated as attributable to the business, while staff-loan interest, ineligible miscellaneous receipts, e-stamping commission and insurance commission were not. Business-linked ancillary receipts such as vehicle hire, service charges, locker rent, processing fee, share fee and nominal membership fee were allowed, and branch office interest was treated as an internal accounting adjustment. Building rent already assessed under house property was excluded. Enhanced business income arising from disallowance of provision for bad and doubtful debts and delayed employees' welfare fund contribution was also held eligible for deduction. en-us Thu, 09 Apr 2026 00:00:00 +0530 Sat, 18 Apr 2026 10:16:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790112 Section 80P(2)(a)(i) relief for a co-operative credit institution depends on a real nexus between the receipt and the eligible credit business. Interest on surplus or statutory fund investments was treated as attributable to the business, while staff-loan interest, ineligible miscellaneous receipts, e-stamping commission and insurance commission were not. Business-linked ancillary receipts such as vehicle hire, service charges, locker rent, processing fee, share fee and nominal membership fee were allowed, and branch office interest was treated as an internal accounting adjustment. Building rent already assessed under house property was excluded. Enhanced business income arising from disallowance of provision for bad and doubtful debts and delayed employees' welfare fund contribution was also held eligible for deduction. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790112