Co-operative bank interest qualifies for section 80P(2)(d) deduction where no distinguishing facts depart from earlier years.

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....Deduction of interest income from co-operative banks under section 80P(2)(d) was allowed to a co-operative housing society. The Tribunal followed its decisions in the society's own earlier assessment years because no distinguishing facts for the relevant year were identified. The Assessing Officer was directed to grant the claimed deduction on interest earned from co-operative banks.....