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Sec. 80P of Income Tax Act, 1961— Deduction — Nature of bonus received by the assessee from KMF is nothing but dividend only although the mechanism of its computation is different because both bonus and dividend are paid to the assessee as distribution of net profit only, therefore,the AO was directed to consider the amount of bonus received by the assessee from KMF as dividend received from KMF and allow deduction under section 80p(2)(d) in respect of receipt of bonus also. - MYSORE DISTRICT CO-OPERATIVE MILK PRODUCERS SOCIETY UNION LTD. V/s ASSTT. CIT -  28 ITCD Online 071 (ITAT-BANGALORE)