Interest Earned by Cooperative Society on Deposits with Cooperative Bank Qualifies for Deduction Under Section 80P(2)(d)
Interest Earned by Cooperative Society on Deposits with Cooperative Bank Qualifies for Deduction Under Section 80P(2)(d) Issue Whether a cooperative society engaged in the procurement and distribution of milk is entitled to claim deduction under Section 80P(2)(d) of the Income-tax Act, 1961 in respect of interest income derived from investments/deposits held with a cooperative bank.… Read More »