https://www.taxtmi.com/caselaws?id=796340 Section 80P(2)(d) deduction is described as available for interest and dividend income earned from investments with cooperative societies and cooperative banks, based on an earlier decision concerning the same assessee. The note states that the third proviso allowing unavailed additional depreciation in the immediately succeeding year applied from 1 April 2016 and therefore covered Assessment Year 2016-17. It further treats milk cans, artificial insemination equipment and laboratory-testing equipment as plant and machinery eligible for additional depreciation where the remaining conditions are met. The discussed deductions and additional-depreciation claims are stated to 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 is described as available for interest and dividend income earned from investments with cooperative societies and cooperative banks, based on an earlier decision concerning the same assessee. The note states that the third proviso allowing unavailed additional depreciation in the immediately succeeding year applied from 1 April 2016 and therefore covered Assessment Year 2016-17. It further treats milk cans, artificial insemination equipment and laboratory-testing equipment as plant and machinery eligible for additional depreciation where the remaining conditions are met. The discussed deductions and additional-depreciation claims are stated to 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