https://www.taxtmi.com/caselaws?id=471505 Section 80P(2)(d) allows a co-operative society to deduct interest or dividend income derived from investments with another co-operative society. Co-operative banks registered under applicable State co-operative societies law fall within the meaning of a co-operative society for this purpose. Consequently, interest earned by a co-operative housing society on deposits with such co-operative banks qualifies for deduction under Section 80P(2)(d). en-us Mon, 07 Apr 2025 00:00:00 +0530 Mon, 07 Sep 2026 19:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471505 Section 80P(2)(d) allows a co-operative society to deduct interest or dividend income derived from investments with another co-operative society. Co-operative banks registered under applicable State co-operative societies law fall within the meaning of a co-operative society for this purpose. Consequently, interest earned by a co-operative housing society on deposits with such co-operative banks qualifies for deduction under Section 80P(2)(d). Case-Laws Income Tax Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471505