https://www.taxtmi.com/caselaws?id=798951 Section 80P(2)(d) permits a co-operative society to deduct interest or dividend derived from investments with another co-operative society. A co-operative bank remains registered as a co-operative society under the applicable co-operative societies law. Section 80P(4) restricts a co-operative bank's deduction claim on its own income but does not prevent another co-operative society from claiming deduction for interest received from that bank. Interest and dividend earned from investments with a co-operative bank therefore qualify for deduction under Section 80P(2)(d). en-us Mon, 17 Aug 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798951 Section 80P(2)(d) permits a co-operative society to deduct interest or dividend derived from investments with another co-operative society. A co-operative bank remains registered as a co-operative society under the applicable co-operative societies law. Section 80P(4) restricts a co-operative bank's deduction claim on its own income but does not prevent another co-operative society from claiming deduction for interest received from that bank. Interest and dividend earned from investments with a co-operative bank therefore qualify for deduction under Section 80P(2)(d). Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798951