https://www.taxtmi.com/caselaws?id=793809 For a cooperative society providing credit facilities to members, interest on staff loans and interest from cooperative banks was treated as attributable to the credit business and therefore qualified for deduction under section 80P(2)(a)(i). E-stamping commission was held not to be attributable to that business and did not fall within either section 80P(2)(a)(i) or the alternative deduction claim, so no deduction was available on that income. Dividend income from a cooperative bank was treated as covered by the specific dividend deduction under section 80P(2)(d). The assessment position was thus partly favourable and partly adverse to the assessee. en-us Mon, 22 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 14:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793809 For a cooperative society providing credit facilities to members, interest on staff loans and interest from cooperative banks was treated as attributable to the credit business and therefore qualified for deduction under section 80P(2)(a)(i). E-stamping commission was held not to be attributable to that business and did not fall within either section 80P(2)(a)(i) or the alternative deduction claim, so no deduction was available on that income. Dividend income from a cooperative bank was treated as covered by the specific dividend deduction under section 80P(2)(d). The assessment position was thus partly favourable and partly adverse to the assessee. Case-Laws Income Tax Mon, 22 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793809