https://www.taxtmi.com/caselaws?id=792263 Section 80P(2)(d) allows deduction for interest or dividend income derived from investments with another co-operative society, and a co-operative bank was treated as falling within that expression for this purpose. Section 80P(4) withdraws the deduction from co-operative banks themselves, but does not bar a co-operative society from claiming deduction on interest earned from deposits placed with such a bank. Applying binding precedent and coordinate bench decisions, the Tribunal held that the interest income qualified for deduction and the disallowance was deleted. en-us Thu, 30 Apr 2026 00:00:00 +0530 Tue, 26 May 2026 08:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792263 Section 80P(2)(d) allows deduction for interest or dividend income derived from investments with another co-operative society, and a co-operative bank was treated as falling within that expression for this purpose. Section 80P(4) withdraws the deduction from co-operative banks themselves, but does not bar a co-operative society from claiming deduction on interest earned from deposits placed with such a bank. Applying binding precedent and coordinate bench decisions, the Tribunal held that the interest income qualified for deduction and the disallowance was deleted. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792263