https://www.taxtmi.com/caselaws?id=473220 Interest and dividend from a co-operative society's mandatory investments with a co-operative bank qualify for deduction under section 80P, subject to verification of the statutory investment requirement. Interest on deposits made to meet the society's statutory obligations qualifies under section 80P(2)(a)(i). If the income is assessed as income from other sources under section 56, eligible deductions under section 57 must be allowed against it. en-us Wed, 30 Apr 2025 00:00:00 +0530 Mon, 09 Nov 2026 15:40:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473220 Interest and dividend from a co-operative society's mandatory investments with a co-operative bank qualify for deduction under section 80P, subject to verification of the statutory investment requirement. Interest on deposits made to meet the society's statutory obligations qualifies under section 80P(2)(a)(i). If the income is assessed as income from other sources under section 56, eligible deductions under section 57 must be allowed against it. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473220