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2023 (12) TMI 1313 - ITAT BANGALOREDeduction u/s. 80P(2)(d) - interest on investment derived by the appellant from scheduled bank and co-operative bank - HELD THAT:- As relying on The Totgars’ Cooperative Sale Society Ltd [2023 (9) TMI 150 - ITAT BANGALORE] we hold that the investment held with the co-operative bank would be eligible for claim of deduction u/s. 80P(2)(d) of the Act and we direct the Ld.AO to pass orders in respect of the interest earned by the assessee from commercial banks considering under the head “Income from other sources” and to grant relief to the assessee in accordance with law u/s. 57 of the Act. Assessee appeal allowed.
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