ITAT Allows Section 80P Deduction on Interest From Co-operative Banks:

ITAT Allows Section 80P Deduction on Interest From Co-operative Banks

ITAT rules CPC cannot disallow Section 80P deduction through summary processing or rectification.

Debatable Section 80P issue cannot be decided under Sections 143(1), 154

authorMeetu KumaridateJul 10, 2026
Last update on Jul 9, 2026

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Meetu Kumari

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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