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Income Tax | Interest on Bank Deposits Also Qualifies for Section 80P Deduction: Bangalore ITAT

24 Sept 2026 · 3d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Bangalore allows section 80P(2)(a)(i) deduction on bank interest earned by a credit society, including statutory and surplus deposits. The post Interest on Bank Deposits Also Qualifies for Section 80P Deduction: Bangalore ITAT appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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