Co-op Housing Society Wins U/s 80P Battle: Interest From Co-op Bank Qualifies for Deduction

DCIT Vs Aditya Harshvadan Mangaldas (ITAT Ahmedabad) Co-op Housing Society Wins 80P Battle: Interest From Co-op Bank Qualifies for Deduction- 80P Lives On: Co-op Bank Interest Not “Other Sources” for Housing Society- Species Theory Applied: Co-op Bank = Co-op Society, 80P(2)(d) AllowedBangalore ITAT ‘B’ Bench in M/s. Sree Maruthi Cooperative Housing Society Vs ITO, Ward-7(2)(3), Bengaluru (ITA No. 1895/Bang/2024, AY 2016-17, order dated 09-12-2025) allowed assessee’s appeal & held that interest earned by a co-operative housing society on deposits kept with a co-operative bank is ...