https://www.taxtmi.com/caselaws?id=469314 Interest earned by a co-operative society from deposits in a nationalised bank was not eligible for deduction under section 80P(2)(d) because that provision applies only to interest or dividend derived from investments with another co-operative society. Decisions relating to section 80P(2)(a) were held inapplicable since the claim was not made under that provision and the factual basis for that line of authority was absent. The disallowance was therefore upheld. en-us Tue, 10 Dec 2024 00:00:00 +0530 Sat, 13 Jun 2026 11:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469314 Interest earned by a co-operative society from deposits in a nationalised bank was not eligible for deduction under section 80P(2)(d) because that provision applies only to interest or dividend derived from investments with another co-operative society. Decisions relating to section 80P(2)(a) were held inapplicable since the claim was not made under that provision and the factual basis for that line of authority was absent. The disallowance was therefore upheld. Case-Laws Income Tax Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469314