Co-op society entitled for deduction u/s. 80P(2)(d) in respect of interest received from co-op banks

Ishwar Bhavan Cooperative Housing Society Ltd Vs CIT(A) (ITAT Mumbai)

By placing reliance on the co-ordinate Bench decision of this Tribunal in the case of Tulsiani Chambers Premises Co-operative Society Ltd vs ITO in ITA Nos.2459-2462/Mum/2021 dated 18/04/2022 which are reproduced hereinabove, we hold that assessee society would be entitled for deduction u/s.80P(2)(d) of the Act in respect of interest received from co­operative banks.

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