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2024 (4) TMI 133 - AT - Income TaxDeduction claimed u/sec. 80P(2)(a)(i) - interest income from the investments made in co-operative/scheduled bank(s) - HELD THAT:- As decided in RENA SAHAKARI SAKHAR KARKHANA LTD [2022 (1) TMI 419 - ITAT PUNE] we respectfully follow the view taken in the case of Totagars Cooperative Sale Society[2017 (1) TMI 1100 - KARNATAKA HIGH COURT] and State Bank Of India [2016 (7) TMI 516 - GUJARAT HIGH COURT] wherein it was observed that the interest income earned by a co-operative society on its investments held with a co-operative bank would be eligible for claim of deduction under Sec. 80P(2)(d) of the Act. Decided in favour of assessee.
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