TMI BlogDeduction claimed u/sec. 80P(2)(a)(i) - interest income from the investments made in...Deduction claimed u/sec. 80P(2)(a)(i) - interest income from the investments made in co-operative/scheduled bank(s) - The Tribunal observed that despite the insertion of subsection (4) to section 80P, which limited the applicability of the provision to certain cooperative banks, the interest income earned by a cooperative society from investments held with a cooperative bank would still be eligible for deduction under section 80P(2)(d). ..... X X X X Extracts X X X X X X X X Extracts X X X X
|