https://www.taxtmi.com/caselaws?id=470277 Interest earned by a co-operative credit society on investments with co-operative banks is described as deductible under Section 80P(2)(a)(i) and/or Section 80P(2)(d) of the Income-tax Act, 1961. The notes state that, where the society provides credit facilities to its members, such interest is attributable to its business and may also qualify as income derived from investments with another co-operative society. The stated position relies on consistent jurisdictional Tribunal treatment and notes no contrary material. en-us Tue, 09 Sep 2025 00:00:00 +0530 Tue, 21 Jul 2026 19:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470277 Interest earned by a co-operative credit society on investments with co-operative banks is described as deductible under Section 80P(2)(a)(i) and/or Section 80P(2)(d) of the Income-tax Act, 1961. The notes state that, where the society provides credit facilities to its members, such interest is attributable to its business and may also qualify as income derived from investments with another co-operative society. The stated position relies on consistent jurisdictional Tribunal treatment and notes no contrary material. Case-Laws Income Tax Tue, 09 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470277