<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2002 (12) TMI 220 - ITAT PUNE</title>
    <link>https://www.taxtmi.com/caselaws?id=71872</link>
    <description>The Tribunal allowed the appeal of the bank, holding that income from miscellaneous activities such as sale of forms and pulping charges was integral to its banking business. The Tribunal found these activities directly linked to the bank&#039;s main business of providing credit facilities, thus eligible for deduction under s. 80P of the IT Act, 1961. The decision reversed the CIT(A)&#039;s ruling and directed the AO to allow the deduction, resulting in a favorable outcome for the bank.</description>
    <language>en-us</language>
    <pubDate>Thu, 19 Dec 2002 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 27 Apr 2011 15:58:54 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=110193" rel="self" type="application/rss+xml"/>
    <item>
      <title>2002 (12) TMI 220 - ITAT PUNE</title>
      <link>https://www.taxtmi.com/caselaws?id=71872</link>
      <description>The Tribunal allowed the appeal of the bank, holding that income from miscellaneous activities such as sale of forms and pulping charges was integral to its banking business. The Tribunal found these activities directly linked to the bank&#039;s main business of providing credit facilities, thus eligible for deduction under s. 80P of the IT Act, 1961. The decision reversed the CIT(A)&#039;s ruling and directed the AO to allow the deduction, resulting in a favorable outcome for the bank.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Thu, 19 Dec 2002 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=71872</guid>
    </item>
  </channel>
</rss>