https://www.taxtmi.com/caselaws?id=796340 Section 80P(2)(d) deduction applies to interest and dividend income from investments with cooperative societies and cooperative banks where the statutory conditions are met. The third proviso allowing unavailed additional depreciation in the immediately succeeding previous year applies from 1 April 2016 and covers Assessment Year 2016-17. Milk cans, artificial insemination equipment and laboratory-testing equipment qualify as plant and machinery for additional depreciation where applicable conditions are satisfied; treatment of milk cans as plant for normal depreciation supports their eligibility. The deductions and additional-depreciation claims therefore remain available for the relevant assessment years. en-us Tue, 28 Jul 2026 00:00:00 +0530 Tue, 04 Aug 2026 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796340 Section 80P(2)(d) deduction applies to interest and dividend income from investments with cooperative societies and cooperative banks where the statutory conditions are met. The third proviso allowing unavailed additional depreciation in the immediately succeeding previous year applies from 1 April 2016 and covers Assessment Year 2016-17. Milk cans, artificial insemination equipment and laboratory-testing equipment qualify as plant and machinery for additional depreciation where applicable conditions are satisfied; treatment of milk cans as plant for normal depreciation supports their eligibility. The deductions and additional-depreciation claims therefore remain available for the relevant assessment years. Case-Laws Income Tax Tue, 28 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796340