https://www.taxtmi.com/caselaws?id=800570 Interest and other income earned by a co-operative society through deployment of funds not immediately required for member lending fall within income attributable to its business of providing credit facilities to members. The broader expression "attributable to", unlike "derived from", supports full deduction under Section 80P(2)(a)(i). Interest on amounts retained and payable to members is distinguishable because it arose in a different factual setting involving a claim under Section 80P(2)(d). en-us Wed, 23 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800570 Interest and other income earned by a co-operative society through deployment of funds not immediately required for member lending fall within income attributable to its business of providing credit facilities to members. The broader expression "attributable to", unlike "derived from", supports full deduction under Section 80P(2)(a)(i). Interest on amounts retained and payable to members is distinguishable because it arose in a different factual setting involving a claim under Section 80P(2)(d). Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800570