ITAT Nagpur on Section 80P: When “Operational Funds” Don’t Become “Other Income” Case: Jalsampda Karmchari Sahakari Patsanstha Maryadit vs. ITO, Wardha ITA No. 300/Nag/2025 | A.Y. 2017–18 | Order dated 23.09.2025 (Nagpur SMC Bench) Introduction The question of whether interest earned by cooperative societies on bank deposits qualifies for deduction under section 80P is like that…
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