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2024 (3) TMI 203 - AT - Income TaxDisallowance of deduction claimed u/s 80P - interest earned on deposits pertaining to reserve fund with sponsor Bank - HELD THAT:- Coordinate Bench of this Tribunal in the case of Kakateeya Mutually Aided Thrift and Credit Co-op Society [2023 (9) TMI 211 - ITAT VISAKHAPATNAM] held in favour of the assessee held that the cooperative society is eligible for deduction u/s. 80P(2)(a)(i) of the Act on the interest income received from investment in banks - Decided in favour of assessee.
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