Doubt with respect to claiming Deduction u/0P of Income T0P

Hi all,

I have a doubt regarding claiming deduction under section 80P of Income Tax Act, 1961. Can a co-operative society making investments in a co-operative bank claim deduction of its interest income received from such investments with a co-operative bank? Please provide me with an ample solution. Hope you will also substantiate your answer to the best possible extent.

Thanks in advance & anticipation,

Ganesh.