https://www.taxtmi.com/caselaws?id=257173 The High Court of Bombay ruled on the interpretation of the activities carried out by the assessee for deduction under Section 80P(2)(a) of the Income Tax Act, 1961. The court held that activities beyond core banking functions, such as collecting electricity bills and providing services under government schemes, were eligible for deduction. The court dismissed the Income Tax Appeals, affirming that these additional activities qualified for deduction under Section 80P(2)(a). en-us Tue, 24 Feb 2015 00:00:00 +0530 Sat, 06 May 2017 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257173 The High Court of Bombay ruled on the interpretation of the activities carried out by the assessee for deduction under Section 80P(2)(a) of the Income Tax Act, 1961. The court held that activities beyond core banking functions, such as collecting electricity bills and providing services under government schemes, were eligible for deduction. The court dismissed the Income Tax Appeals, affirming that these additional activities qualified for deduction under Section 80P(2)(a). Case-Laws Income Tax Tue, 24 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257173