https://www.taxtmi.com/caselaws?id=792857 A co-operative housing society was treated as a co-operative society under the Income-tax Act, and interest income derived from deposits or investments with co-operative banks or other co-operative societies was held eligible for deduction under section 80P(2)(d). The provision was applied broadly to cover such interest as income from investments with another co-operative society, including co-operative banks, and prior decisions were followed on that basis. The disallowance of the claimed amount was therefore set aside in favour of the assessee. en-us Tue, 02 Jun 2026 00:00:00 +0530 Thu, 04 Jun 2026 08:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792857 A co-operative housing society was treated as a co-operative society under the Income-tax Act, and interest income derived from deposits or investments with co-operative banks or other co-operative societies was held eligible for deduction under section 80P(2)(d). The provision was applied broadly to cover such interest as income from investments with another co-operative society, including co-operative banks, and prior decisions were followed on that basis. The disallowance of the claimed amount was therefore set aside in favour of the assessee. Case-Laws Income Tax Tue, 02 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792857