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Bangalore ITAT: Bank Interest Eligible for 80P; Nominal Members Cannot Defeat Mutuality

19 Aug 2026 · 19 Aug 2026By CA Vijayakumar Shetty

Bangalore ITAT allows Section 80P(2)(a)(i) deduction on bank interest and holds nominal or associate members cannot defeat eligibility under the supplied facts. The post Bangalore ITAT: Bank Interest Eligible for 80P; Nominal Members Cannot Defeat Mutuality appeared first on TaxGuru .

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