Eligibility for Deduction u/s 80P(2)(d) for Interest Income from Co-operative Banks: ITAT Remands Case to AO

The ITAT remanded a case involving the eligibility of a co-operative bank for a deduction under Section 80P for interest income back to the AO for a detailed examination. The case focused on whether a co-operative bank was entitled to claim deductions for interest income under the Income Tax Act, with the Tribunal directing further scrutiny of the claim.