https://www.taxtmi.com/caselaws?id=790713 Interest earned by a co-operative society from surplus-fund deposits with another entity registered as a co-operative society qualified for deduction under section 80P(2)(d), because that provision applies to income derived from investments with any other co-operative society. The fact that the recipient also operated as a co-operative bank did not change its status as a co-operative society for this purpose. Deduction under section 80P(2)(a)(i) was not available, as the interest was not earned from transactions with members, but that did not defeat the separate claim under section 80P(2)(d). en-us Mon, 27 Apr 2026 00:00:00 +0530 Wed, 29 Apr 2026 08:16:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790713 Interest earned by a co-operative society from surplus-fund deposits with another entity registered as a co-operative society qualified for deduction under section 80P(2)(d), because that provision applies to income derived from investments with any other co-operative society. The fact that the recipient also operated as a co-operative bank did not change its status as a co-operative society for this purpose. Deduction under section 80P(2)(a)(i) was not available, as the interest was not earned from transactions with members, but that did not defeat the separate claim under section 80P(2)(d). Case-Laws Income Tax Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790713